UAE non-oil sector week in September
Posted on October 16, 2020
• The seasonally adjusted IHS Markit UAE Purchasing Managers' Index which covers manufacturing and services rose to 51.0 in September from 49.4 in August • This was the highest reading for 11 months but was still well below its 54.1 average last year. • The UAE central bank expects economy to contract by 5.2% this year, revising a previous 3.6% contraction forecast