The IHS Markit United Arab Emirates PMI fell sharply to 51.6 in August 2019 from 55.1 in July. The latest PMI reading pointed to the slowest increase in the non-oil private sector in eight years, as output growth weakened to an over 6-year low. Also, new orders and exports rose at a solid, but relatively subdued pace. Meanwhile employment was broadly unchanged, ending a five-month sequence of marginal rise. Also, firms scaled back buying activity, leading to a slight reduction in inventories of purchases. On the price front, input cost was unchanged, as staff costs did not alter from that seen in July, while purchase prices recorded only a marginal uptick. Meanwhile, selling prices fell the most since April, but still modest, on the back of strong competitive pressures in recent months. Looking ahead, sentiment remained strong, with firms expecting a boost to demand, in particular due to the Expo 2020 and improving market conditions. Manufacturing PMI in the United Arab Emirates is reported by Markit Economics.

Manufacturing PMI in the United Arab Emirates is expected to be 59.50 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 55.00 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 51.60 55.10 61.20 51.60 [+]
Changes in Inventories 60170.53 81229.05 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 [+]
Crude Oil Rigs 57.00 58.00 58.00 4.00 [+]
Corruption Index 70.00 71.00 71.00 52.00 Points [+]
Corruption Rank 23.00 21.00 37.00 21.00 [+]
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 [+]


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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.60 55.10 61.20 51.60 2011 - 2019 Monthly
SA




Country Last Previous
Saudi Arabia 57.00 Aug/19
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Netherlands 51.60 Aug/19
India 51.40 Aug/19
France 51.10 Aug/19
China 50.40 Aug/19
United States 50.30 Aug/19
Singapore 49.90 Aug/19
Japan 49.30 Aug/19
Canada 49.10 Aug/19
Russia 49.10 Aug/19
Indonesia 49.00 Aug/19
Mexico 49.00 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Italy 48.70 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
Switzerland 47.20 Aug/19
Euro Area 47.00 Aug/19
South Africa 45.70 Aug/19
Germany 43.50 Aug/19


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