The IHS Markit United Arab Emirates PMI increased to 51.0 in September 2020 from 49.4 a month earlier. This was the highest reading since October 2019 following softer COVID-19 restrictions. Output rose for the fourth straight month and was at a faster rate, new orders expanded further, and export sales grew for the second month in a row. However, concerns about a weak outlook for the economy and ongoing cash flow issues for companies led to a further cut to employment. At the same time, buying levels fell for the first time in four months, with companies often using existing inputs to fulfill output needs, which ended a prior four-month run of stock accumulation. Meanwhile, lead times continued to improve, albeit at only a marginal pace. As for cost, input prices rose for the fifth month running, while there were several instances of discounts offered to help stimulate demand. Sentiment was at its second-lowest on record, only just above August's historic low. source: Markit Economics
Manufacturing PMI in the United Arab Emirates averaged 54.71 points from 2011 until 2020, 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 2020.
Manufacturing PMI in the United Arab Emirates is expected to be 50.00 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 52.00 in 12 months time. In the long-term, the United Arab Emirates Non-Oil Private Sector PMI is projected to trend around 54.00 points in 2021 and 56.00 points in 2022, according to our econometric models.