The Emirates NBD United Arab Emirates PMI increased to 55.7 in March 2019 from a 28-month low of 53.4 in February. Output and new orders advanced at a faster pace, with export sale growth recovering from February’s 11-month low amid reports of greater new orders from other GCC countries and the US. Companies raised their input buying at a near-record pace, while the pace of accumulation in inventories also picked up. Additionally, employment levels stabilised following a marked decline in the previous month, amid greater new orders. On the price front, input cost rose slightly while output prices fell for the sixth consecutive month mostly driven by discounts due to a competitive environment. Lastly, optimism hit a new record high boosted by stronger market demand. 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 56.50 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 55.70 53.40 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.70 53.40 61.20 51.70 2011 - 2019 Monthly
SA




Country Last Previous
Saudi Arabia 56.80 Mar/19
United Kingdom 55.10 Mar/19
Brazil 52.80 Mar/19
Russia 52.80 Mar/19
India 52.60 Mar/19
Netherlands 52.50 Mar/19
United States 52.40 Apr/19
Indonesia 51.20 Mar/19
Australia 51.00 Mar/19
Spain 50.90 Mar/19
China 50.80 Mar/19
Singapore 50.80 Mar/19
Canada 50.50 Mar/19
Switzerland 50.30 Mar/19
Mexico 49.80 Mar/19
France 49.60 Apr/19
Japan 49.50 Apr/19
South Korea 48.80 Mar/19
Euro Area 47.80 Apr/19
Italy 47.40 Mar/19
Turkey 47.20 Mar/19
South Africa 45.00 Mar/19
Germany 44.50 Apr/19


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