The IHS Markit United Arab Emirates PMI fell to a three-month low of 53.3 in September 2021 from 53.8 in August. Still, the latest reading indicated a robust improvement in business conditions in the non-oil economy, with output and new orders rising strongly. At the same time, export orders also returned to growth, after falling in each month since May, while purchasing activity rose for the third month running. Meantime, job creation slowed marginally, albeit from a 43-month high in August; while backlogs of work rose to the greatest extent in 1-1/2 years. Firms saw supplier delivery times lengthen slightly after a renewed improvement in August. On inflation, higher raw material prices continued to exert upward pressure on input costs, although the upturn was the least marked in four months. Notably, the weaker rate of inflation helped some firms to reduce their charges. Lastly, sentiment improved slightly after slipping to a five-month low in August. source: Markit Economics
Manufacturing PMI in the United Arab Emirates averaged 54.43 points from 2011 until 2021, reaching an all time high of 61.20 points in October of 2014 and a record low of 44.10 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Manufacturing PMI in the United Arab Emirates is expected to be 54.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Non-Oil Private Sector PMI is projected to trend around 53.00 points in 2022, according to our econometric models.