The IHS Markit United Arab Emirates PMI fell to 49.5 in October 2020 from an 11-month high of 51.0 a month earlier, signaling that the economy is struggling to maintain a robust recovery from the COVID-19 lockdown earlier in the year. New business declined for the first time since May, leading to a slower rise in output and a sharp reduction in backlog volumes. Also, workforce numbers were trimmed again as firms needed to cut costs after the lockdown. Meanwhile, buying levels grew solidly, in line with increased output requirements. Notably though, lead times on purchases lengthened for the first time since supply chains were negatively impacted by the global lockdown in May. As for prices, input price inflation eased to a six-month low while charges were lowered at the slowest rate in four months. Finally, sentiment weakened to a joint-record low. source: Markit Economics

Manufacturing PMI in the United Arab Emirates averaged 54.67 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 November 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.

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United Arab Emirates Non-Oil Private Sector PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.50 51.00 61.20 44.10 2011 - 2020 points Monthly
SA


News Stream
UAE Non-Oil Private Sector Stagnates in October
The IHS Markit United Arab Emirates PMI fell to 49.5 in October 2020 from an 11-month high of 51.0 a month earlier, signaling that the economy is struggling to maintain a robust recovery from the COVID-19 lockdown earlier in the year. New business declined for the first time since May, leading to a slower rise in output and a sharp reduction in backlog volumes. Also, workforce numbers were trimmed again as firms needed to cut costs after the lockdown. Meanwhile, buying levels grew solidly, in line with increased output requirements. Notably though, lead times on purchases lengthened for the first time since supply chains were negatively impacted by the global lockdown in May. As for prices, input price inflation eased to a six-month low while charges were lowered at the slowest rate in four months. Finally, sentiment weakened to a joint-record low.
2020-11-03
UAE Non-Oil Private Sector PMI Rises to 11-Month High
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.
2020-10-05
UAE Non-Oil Private Sector Shrinks for 1st Time in 3 Months
The IHS Markit United Arab Emirates PMI decreased to 49.4 in August 2020 from 50.8 a month earlier. This was the first contraction in the private sector, after a two-month sequence of growth, amid the coronavirus pandemic. Output growth eased to three-month low, and employment dropped steepest in 11 years. Meantime, new orders rose for the third month running, although the rate of expansion slowed to a marginal rate. At the same time, backlogs of work increased, while inventories of inputs grew at the sharpest rate for 15 months. Export sales fell for the second month in a row. On the price front, overall input costs rose at the weakest pace in four months, while selling charges fell at the fastest pace since December 2019. Finally, sentiment weakened but remained positive.
2020-09-03
UAE Non-Oil Private Sector PMI Rises to 9-Month High
The IHS Markit United Arab Emirates PMI rose to 50.8 in July 2020 fro 50.4 a month earlier. This was the steepest growth in the private sector since October last year, amid efforts to reopen the economy. Both output and new orders rose for the second month running. At the same time, supply chain conditions continued to improve, as evidenced by back-to-back reductions in lead times. Export sales fell modestly, however, erasing the gains made in June, while hiring intentions remained weak as employment declined for the seventh month in a row. On the price front, overall input costs ticked up due to a rise in purchase prices. Selling charges fell at a faster pace, reportedly due to a greater degree of competition in the sector as more businesses reopened. Finally, sentiment weakened but remained positive.
2020-08-05

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.