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.

Manufacturing PMI in the United Arab Emirates averaged 54.80 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 August of 2020. source: Markit Economics

Manufacturing PMI in the United Arab Emirates is expected to be 51.00 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
50.80 50.40 61.20 44.10 2011 - 2020 points Monthly
SA


News Stream
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
UAE Non-Oil Private Sector Grows for 1st in Six Months
The IHS Markit United Arab Emirates PMI jumped to 50.4 in June 2020 from 46.7 in May. This marked the first month of growth in the non-oil private sector since last December as the country continued to relax measures designed to stop the spread of COVID-19. Output expanded for the first time in six months, and new orders rose the most since August 2019 amid improving demand both at home and abroad. Meantime, job shedding accelerated to one of the fastest seen in the series history, with backlogs rising for the ninth month in a row that was also the strongest for three months. Prices data showed purchasing costs increased for the second month in a row, in part due to higher demand for inputs, whereas selling charges fell again in a sequence stretching back to October 2018. Looking forward, the outlook for future activity improved for the first time since March.
2020-07-05
UAE Non-Oil Private Sector Shrinks for 5th Month
The IHS Markit United Arab Emirates PMI rose to 46.7 in May 2020 from a record low of 44.1 a month earlier. The latest reading pointed to the fifth straight month of contraction in the non-oil private sector, amid public health measures aimed at curbing the spread of COVID-19. Output fell to a much lesser extent than April's unprecedented pace, yet firms were still limited by a weak market environment and lower employment. Also, new orders continued to decrease sharply, pushed down by falling export orders. Greater freedom of travel meanwhile led to an easing of supply chain pressures. On the price front, input costs ticked up for the first time since February, with output prices falling for the 12th straight month, albeit only slightly as some firms passed on higher costs to consumers. Finally, sentiment towards future output dipped to the joint-lowest ever seen in the series, as businesses became increasingly concerned over the long-term impact of the virus disease.
2020-06-03
UAE Non-Oil Private Sector Contracts at Record Pace
The IHS Markit United Arab Emirates PMI fell to 44.1 in April 2020 from 45.2 in March. This was the fourth straight month of contraction in the non-oil private sector and the steepest on record, amid public health measures aimed at curbing the spread of COVID-19. Steep falls were seen in output, new orders, and overseas sales. Also, employment declined further, with several companies asking employees to take unpaid leave and salary cuts; while backlogs rose at a much softer rate, mainly due to weaker levels of new business. At the same time, firms made further efforts to lower expenses, including a steep drop in purchasing activity. Delivery times, meanwhile, lengthened for the second straight month, largely attributed to border closures and reduced activity at vendors. On the price front, input costs fell at a modest pace, allowing businesses to reduce selling prices for the 19th month running. Lastly, sentiment weakened to a 32-month low.
2020-05-05

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.