The S&P Global United Arab Emirates PMI increased to 55.4 in July 2022 from 54.8 in the prior month. This was the 20th straight month of growth in the non-oil private sector and was above its long-run average, amid favorable underlying demand. Firms scaled up output while new order growth accelerated due to competitive pricing, marketing efforts, and expanded clientele. Also, export orders rose solidly, with the rate of increase similar to that seen in June; while expansion in buying activity was moderate, but notably faster than that June's one-year low. Meantime, companies continued with their hiring efforts as outstanding business rose at the fastest pace since March 2020. Further, vendor performance improved for the tenth month in a row as delivery delays eased. On the prices, input cost inflation eased after June's 11-year high, while output cost inflation accelerated to the second-highest in four-and-a-half years. Looking ahead, confidence weakened to a ten-month low. source: Markit Economics

Manufacturing PMI in the United Arab Emirates averaged 54.48 points from 2011 until 2022, 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 2022.

Manufacturing PMI in the United Arab Emirates is expected to be 55.00 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 54.00 points in 2023, according to our econometric models.

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United Arab Emirates Non-Oil Private Sector PMI



Related Last Previous Unit Reference
Manufacturing PMI 55.40 54.80 points Jul 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
55.40 54.80 61.20 44.10 2011 - 2022 points Monthly
SA

News Stream
UAE Non-Oil Private Sector PMI Rises
The S&P Global United Arab Emirates PMI increased to 55.4 in July 2022 from 54.8 in the prior month. This was the 20th straight month of growth in the non-oil private sector and was above its long-run average, amid favorable underlying demand. Firms scaled up output while new order growth accelerated due to competitive pricing, marketing efforts, and expanded clientele. Also, export orders rose solidly, with the rate of increase similar to that seen in June; while expansion in buying activity was moderate, but notably faster than that June's one-year low. Meantime, companies continued with their hiring efforts as outstanding business rose at the fastest pace since March 2020. Further, vendor performance improved for the tenth month in a row as delivery delays eased. On the prices, input cost inflation eased after June's 11-year high, while output cost inflation accelerated to the second-highest in four-and-a-half years. Looking ahead, confidence weakened to a ten-month low.
2022-08-03
UAE Non-Oil Private Sector Growth Slows
The S&P Global United Arab Emirates PMI declined to 54.8 in June 2022 from 55.6 in the prior month, pointing to the 19th straight month of expansion, supported by a sharp rise in new order, amid stronger domestic demand and solid upturn in foreign demand, following the lifting of COVID-19 restrictions Also, employment increased, signalling a marked increase in activity. However, the companies were having to offer higher salaries to hire and retain staff, as average wages rose at the fastest pace for over four years. Meanwhile, purchasing activity rose only marginally and the weakest rate in a year, with improvement in supplier performance was the softest for eight months. On the price front, input cost inflation accelerated to the fastest in 11 years due to higher fuel prices, while output charges fell for the second straight month and the greatest extent since late-2020. Looking ahead, confidence improved to an eight-month high, amid hopes on recovery in demand from the pandemic.
2022-07-05
UAE Non-Oil Private Sector PMI Rises to 5-Month High
The S&P Global United Arab Emirates PMI increased to 55.6 in May 2022 from 54.6 in the prior month, pointing to the 18th straight month of rises and the strongest growth in five months. Output rose at the fastest pace since last December, while overall new orders expanded faster, with both domestic and foreign demand rising. Also, employment gained at the steepest pace in seven months, but was notably insufficient to avoid constraints on business capacity, as backlogs of work accumulated the most in eight months. Meantime, buying levels slowed, partly linked to firms drawing down inventories instead of buying new materials amid increased caution over spending. On the price front, input cost inflation accelerated to the sharpest recorded for three-and-a-half years, while output charges declined after increasing for the first time in nine months in the prior month. Looking ahead, confidence improved slightly, but was weak compared to the survey trend.
2022-06-03