The Emirates NBD United Arab Emirates PMI rose to 56.3 in January 2019 from 54.0 in the previous month. The reading pointed to the strongest expansion in the non-oil private sector since June last year, as output grew the most since August last year and new orders rose sharply. Also, buying activity was robust; though the stock of pre-production inventories declined for the second month in a row, suggesting that firms are managing their inventories more efficiently, and not building up stocks in anticipation of future demand. Meanwhile new export orders advanced the least in the current ten-month sequence of growth and the rate of job creation remained modest. On the price front, purchase prices increased modestly, while output prices fell for the eighth time in the past nine months. Finally, confidence remained high, with more than 68 percent of firms expecting their output to be higher in a year’s time. Manufacturing PMI in the United Arab Emirates is reported by Markit Economics.

Manufacturing PMI in the United Arab Emirates is expected to be 55.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in the United Arab Emirates to stand at 57.00 in 12 months time. In the long-term, the United Arab Emirates Non-Oil Private Sector PMI is projected to trend around 58.00 in 2020, according to our econometric models.

United Arab Emirates Non-Oil Private Sector PMI
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United Arab Emirates Business Last Previous Highest Lowest Unit
Manufacturing PMI 56.30 54.00 61.20 51.70 [+]
Changes in Inventories 81229.05 87098.61 98011.42 7139.72 AED Million [+]
Internet Speed 8570.97 10684.69 10684.69 809.16 KBps [+]
IP Addresses 1353580.00 1312871.00 1511164.00 101024.00 IP [+]
Competitiveness Index 73.37 72.30 73.37 4.49 Points [+]
Competitiveness Rank 27.00 27.00 37.00 12.00 [+]
Ease of Doing Business 11.00 21.00 47.00 11.00 [+]
Corruption Index 70.00 71.00 71.00 52.00 Points [+]
Corruption Rank 23.00 21.00 37.00 21.00 [+]

United Arab Emirates Non-Oil Private Sector PMI

In the United Arab Emirates, the Emirates NBD UAE Purchasing Managers’ Index measures the performance of companies in non-oil private sector and is derived from a survey of 400 companies, including manufacturing, services, construction and retail. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - United Arab Emirates Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Arab Emirates Non-Oil Private Sector PMI - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
56.30 54.00 61.20 51.70 2011 - 2019 Monthly

Country Last Previous
Saudi Arabia 56.20 Jan/19
Netherlands 55.10 Jan/19
United States 54.90 Jan/19
Switzerland 54.30 Jan/19
India 53.90 Jan/19
Canada 53.00 Jan/19
United Kingdom 52.80 Jan/19
Brazil 52.70 Jan/19
Australia 52.50 Jan/19
Spain 52.40 Jan/19
France 51.20 Jan/19
Mexico 50.90 Jan/19
Russia 50.90 Feb/19
Singapore 50.70 Jan/19
Euro Area 50.50 Jan/19
Japan 50.30 Jan/19
Indonesia 49.90 Jan/19
South Africa 49.90 Jan/19
Germany 49.70 Jan/19
China 48.30 Jan/19
South Korea 48.30 Jan/19
Italy 47.80 Jan/19
Turkey 44.20 Jan/19