The IHS Markit United Arab Emirates PMI edged lower to 53.8 in August 2021 from a two-year high of 54.0 a month earlier, as the economy recovered slowly from COVID-19 restrictions. New orders rose for the sixth straight month, although the rate of growth eased slightly from July's recent high; while export sales shrank for the fourth month in a row, due to shipping issues. Meantime, output went up faster, with employment growing the most since 2018 and backlogs of work accumulating further amid supply-chain pressures. Delivery times improved slightly, the first time since January. Prices data showed input buying rose for the second month running, with the pace of inflation still one of the quickest in the last three years. Output charges fell for the first time since May, amid efforts from other companies to offer discounts. Looking forward, sentiment weakened to its lowest in five months but remained positive. source: Markit Economics
Manufacturing PMI in the United Arab Emirates averaged 54.44 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 September 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. 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.