The IHS Markit United Arab Emirates PMI fell to 50.6 in February 2021 from 51.2 in January. This was the weakest reading in three months, as rising local COVID-19 infections led to stricter restrictions in parts of the economy. New business failed to rise for the first time in four months, while output growth softened since the start of the year. Meantime, employment level were largely stable, with backlogs of works falling for the sixth month running. Firms also signaled that global supply chain delays impacted the economy, as lead times on inputs lengthened at the fastest rate since last April. Prices data showed input prices rose only slightly; while some firms continued to offer discounts in an effort to increase client demand, leading to a further fall in selling charges. Looking ahead, sentiment improved to a five-month high, but it remained historically weak. source: Markit Economics

Manufacturing PMI in the United Arab Emirates averaged 54.52 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 March of 2021.

Manufacturing PMI in the United Arab Emirates is expected to be 51.00 points 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 54.00 in 12 months time. 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.

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United Arab Emirates Non-Oil Private Sector PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.60 51.20 61.20 44.10 2011 - 2021 points Monthly
SA


News Stream
UAE Non-Oil Private Sector PMI Drops to 3-Month Low
The IHS Markit United Arab Emirates PMI fell to 50.6 in February 2021 from 51.2 in January. This was the weakest reading in three months, as rising local COVID-19 infections led to stricter restrictions in parts of the economy. New business failed to rise for the first time in four months, while output growth softened since the start of the year. Meantime, employment level were largely stable, with backlogs of works falling for the sixth month running. Firms also signaled that global supply chain delays impacted the economy, as lead times on inputs lengthened at the fastest rate since last April. Prices data showed input prices rose only slightly; while some firms continued to offer discounts in an effort to increase client demand, leading to a further fall in selling charges. Looking ahead, sentiment improved to a five-month high, but it remained historically weak.
2021-03-03
UAE Non-Oil Private Sector Growth Remains Stable
The IHS Markit United Arab Emirates PMI stood at 51.2 in January of 2021, unchanged from the previous month. This was the second straight of expansion in the private sector, amid the coronavirus pandemic. Output growth eased slightly from December’s five-month high, but remained one of the quickest seen since the downturn linked to the COVID-19 pandemic, while new orders grew, due to higher export sales. At the same time, employment rose slightly, ending a year-long sequence of job shedding, while purchasing activity continued to rise. On the price front, input prices fell at the fastest pace since last April, due to a reduction in staff cost and a softer rate of purchase price inflation. As a result, businesses lowered their selling charges, although the rate of discounting was the softest in the current 28-month sequence of reduction. Finally, sentiment improved to the highest for three months.
2021-02-03
UAE Non-Oil Private Sector Returns to Growth
The IHS Markit United Arab Emirates PMI increased to 51.2 in December 2020 from 49.5 percent in November. This was the first expansion in the private sector, after a two-month sequence of contraction, amid the coronavirus pandemic. Output expanded to the second-fastest since September 2019, while new orders advanced driven by a faster upturn in sales in abroad. New export orders grew at the strongest rate in 15 months. Meantime, employment continued to fall, amid a drop in backlogs of work. Purchasing activity increased, in part offsetting the reduction recorded in the prior month. On the price front, input prices were unchanged. As a result, businesses lowered their selling charges further in an effort to compete for clients, although the rate of discounting eased to the softest since May. Finally, sentiment pick up only slightly, despite hopes of a broad recovery in global economic conditions.
2021-01-05
UAE Non-Oil Private Sector PMI Unchanged at 49.5
The IHS Markit United Arab Emirates PMI was unchanged at 49.5 in November 2020, registering below the 50.0 threshold for the third time in four months, as demand conditions remained subdued and concerns about a renewed increase in virus cases intensified. New orders rose, albeit only just offsetting the fall seen in October, while new orders from foreign clients decreased slightly after rising in the prior two months. Meantime, employment fell at the softest rate in nine months. Buying activity returned to retrenchment mode, as many companies found that they had enough input stocks. Supply chain pressures eased after a slight rise in lead times in October. As for cost, purchase prices fell for the first time since April, alongside a further drop in staff costs. This supported another reduction in output charges. Finally, sentiment turns negative for the first time on record.
2020-12-08

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.