UAE non-oil private sector output growth eases marginally in August

The Emirates NBD UAE Purchasing Managers’ Index (PMI) declined slightly to 54.7 in August, from a 2016 high of 55.3 in July.

Despite the marginal decline in the headline PMI, the strong performance of the UAE’s non-oil private sector recorded at the start of the third quarter was largely maintained in August.

The employment sub-index declined 1.6 points in August to just 51.3, and remains below the series average.