The IHS Markit United Arab Emirates PMI declined to 55.1 in July 2019, the lowest since February, from 57.7 in the previous month. Growth in both output and new orders eased, amid further price discounting, while employment continued to rise marginally for the fifth month running. Backlogs of work went up slightly, and to the least extent in the current 31-month sequence of accumulation. Meantime, both buying levels and inventory holdings advanced at sifter rates. Regarding inflation, overall input prices were broadly unchanged, ending a ten-month sequence of inflation while output prices were reduced for the tenth successive month, with the pace of decline remaining modest. Looking ahead, non-oil companies remained optimistic, with confidence was little-changed from that seen in the previous month. 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 55.10 57.70 61.20 51.70 [+]
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 58.00 56.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.10 57.70 61.20 51.70 2011 - 2019 Monthly

Country Last Previous
Saudi Arabia 56.60 Jul/19
India 52.50 Jul/19
South Africa 52.10 Jul/19
Australia 51.30 Jul/19
Netherlands 50.70 Jul/19
United States 50.40 Jul/19
Canada 50.20 Jul/19
Brazil 49.90 Jul/19
China 49.90 Jul/19
Mexico 49.80 Jul/19
Singapore 49.80 Jul/19
France 49.70 Jul/19
Indonesia 49.60 Jul/19
Japan 49.40 Jul/19
Russia 49.30 Jul/19
Italy 48.50 Jul/19
Spain 48.20 Jul/19
United Kingdom 48.00 Jul/19
South Korea 47.30 Jul/19
Turkey 46.70 Jul/19
Euro Area 46.50 Jul/19
Switzerland 44.70 Jul/19
Germany 43.20 Jul/19