The Emirates NBD United Arab Emirates PMI jumped to 59.4 in May 2019 from 57.6 in April. This was the third straight month of growth in non-oil private sector and the highest PMI reading since October 2014, as new order growth was at a near-record pace on the back of continued price discounting by firms, and exports rose the most in near ten-year survey history mainly as a result of trade with Saudi Arabia and Oman. Also, output and purchasing activity rose strongly. Meanwhile, employment was broadly unchanged as companies again displayed a reluctance to hire additional staff. In terms of prices, output prices fell for the eighth month in a row, with firms continuing to offer price discounting. Meantime, input prices rose marginally, and at the slowest pace in nine months. Lastly, sentiment touched a near-record high. 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 59.40 57.60 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 [+]
Crude Oil Rigs 50.00 53.00 53.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
59.40 57.60 61.20 51.70 2011 - 2019 Monthly

Country Last Previous
Saudi Arabia 57.30 May/19
Australia 52.70 May/19
India 52.70 May/19
Netherlands 52.20 May/19
Indonesia 51.60 May/19
France 50.60 May/19
United States 50.50 May/19
Brazil 50.20 May/19
China 50.20 May/19
Spain 50.10 May/19
Mexico 50.00 May/19
Singapore 49.90 May/19
Japan 49.80 May/19
Russia 49.80 May/19
Italy 49.70 May/19
United Kingdom 49.40 May/19
Canada 49.10 May/19
Switzerland 48.60 May/19
South Korea 48.40 May/19
Euro Area 47.70 May/19
South Africa 45.40 May/19
Turkey 45.30 May/19
Germany 44.30 May/19