September 19, 2018 / 5:34 AM / in 3 months

UAE non-oil growth slowed slightly to 3.6 pct y/y in Q2 - c.bank

DUBAI, Sept 19 (Reuters) - Growth of the United Arab Emirates’ non-oil economy slowed slightly to 3.6 percent year-on-year in the second quarter of this year, from 3.8 percent in the first quarter, the central bank said in a report on Wednesday.

Oil production shrank 1.7 percent year-on-year in the second quarter because of output reductions agreed by oil producers globally, it said. (Reporting by Andrew Torchia; Editing by Gopakumar Warrier)

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