The IHS Markit United Arab Emirates PMI inched down to 52.2 in June 2021 from 52.3 a month earlier, signaling a moderate expansion in the non-oil economy that was the slowest since February, amid the ongoing coronavirus pandemic. Output growth was hampered by raw material shortages, while new order growth softened, with new export orders fell sharply and at the quickest rate for just over a year. At the same time, employment rose marginally, the increase in staffing was the first seen since January and the fastest for nearly two-and-a-half years, with backlogs declining, after a two-month run of accumulation. On the price front, input cost inflation accelerated to the fastest pace in three months, leading firms to raise output charges for only the second time in nearly three years. Lastly, sentiment remained relatively mild. source: Markit Economics
Manufacturing PMI in the United Arab Emirates averaged 54.45 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 August of 2021.
Manufacturing PMI in the United Arab Emirates is expected to be 53.00 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 53.00 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.