The Emirates NBD United Arab Emirates PMI declined to 57.7 in June 2019 from a 4-1/2-year high of 59.4 in the previous month. Output and new orders continued to grow on the back of further price discounting, while employment levels were broadly unchanged as businesses remain focused on keeping costs down, with backlogs of work increasing amid reports of delays in receiving payments from customers. Meantime, buying activity grew at a record pace for the second month running. Input prices rose only marginally, amid a slight rise in purchase costs, and flat salaries and wages. Looking ahead, sentiment eased from April’s record high, but remained strongly optimistic, due to expectations of further new order growth and the upcoming ‘Expo 2020’ next year. 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 57.70 59.40 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 56.00 54.00 56.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
57.70 59.40 61.20 51.70 2011 - 2019 Monthly
SA




Country Last Previous
Saudi Arabia 57.40 Jun/19
India 52.10 Jun/19
France 51.90 Jun/19
Brazil 51.00 Jun/19
Netherlands 50.70 Jun/19
Indonesia 50.60 Jun/19
United States 50.60 Jun/19
Singapore 49.60 Jun/19
Australia 49.43 Jun/19
China 49.40 Jun/19
Japan 49.30 Jun/19
Canada 49.20 Jun/19
Mexico 49.20 Jun/19
Russia 48.60 Jun/19
Italy 48.40 Jun/19
United Kingdom 48.00 Jun/19
Spain 47.90 Jun/19
Turkey 47.90 Jun/19
Switzerland 47.70 Jun/19
Euro Area 47.60 Jun/19
South Korea 47.50 Jun/19
South Africa 46.20 Jun/19
Germany 45.00 Jun/19


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