United Arab Emirates' Non-Oil Private Sector PMI fell to 54.0 in December 2018 from 55.8 in a month earlier. It was the weakest PMI reading since October 2016, amid slower growth of output and new orders. Also, new export orders grew the least since August; while purchasing activity continued to expand, despite data suggesting that purchased items were only used to support higher output, rather than also to build stock holdings. At the same time, employment was broadly unchanged, following a marginal rise in November. On the price front, overall input prices rose marginally, while selling prices were reduced for the third straight month. Finally, firms remained optimistic that business activity will continue to increase during 2019, based on expectations of improving economic conditions and success in securing additional sales over the next 12 months. 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 54.00 55.80 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 71.00 66.00 71.00 52.00 Points [+]
Corruption Rank 21.00 24.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.00 55.80 61.20 51.70 2011 - 2018 Monthly
SA




Country Last Previous
Switzerland 57.80 Dec/18
Netherlands 57.20 Dec/18
Saudi Arabia 54.50 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18
Canada 53.60 Dec/18
India 53.20 Dec/18
Brazil 52.60 Dec/18
Japan 52.60 Dec/18
Russia 51.70 Dec/18
Germany 51.50 Dec/18
Euro Area 51.40 Dec/18
Indonesia 51.20 Dec/18
Singapore 51.10 Dec/18
Spain 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
China 49.70 Dec/18
France 49.70 Dec/18
Mexico 49.70 Dec/18
Australia 49.50 Dec/18
Italy 49.20 Dec/18
Turkey 44.20 Dec/18


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