The S&P Global United Arab Emirates edged up to 54.3 in February 2023 from 54.1 in the previous period. Output grew for the first time in four months due to new projects and rising client sales. At the same time, new orders increased, although their expansion rate was the weakest since September 2021, with some firms noting strong competition and lower exports. Also, input lead times shortened at the fastest pace since September 2019 as supply chain conditions strengthened. New foreign orders fell for the third straight month. Additionally, employment grew, and backlogs of work added the least in 20 months. On prices, input costs went up to the highest since July last year, prompted by the rising costs of raw materials and shipment fees. Lastly, the outlook for future activity improved to a 4-month peak, but optimism remained subdued by historical standards and was below the 2022 average. source: Markit Economics

Manufacturing PMI in the United Arab Emirates averaged 54.52 points from 2011 until 2023, 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 March of 2023.

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.

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United Arab Emirates Non-Oil Private Sector PMI



Related Last Previous Unit Reference
Manufacturing PMI 54.30 54.10 points Feb 2023

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
54.30 54.10 61.20 44.10 2011 - 2023 points Monthly
SA

News Stream
UAE Non-Oil Private Sector PMI Rises in February
The S&P Global United Arab Emirates edged up to 54.3 in February 2023 from 54.1 in the previous period. Output grew for the first time in four months due to new projects and rising client sales. At the same time, new orders increased, although their expansion rate was the weakest since September 2021, with some firms noting strong competition and lower exports. Also, input lead times shortened at the fastest pace since September 2019 as supply chain conditions strengthened. New foreign orders fell for the third straight month. Additionally, employment grew, and backlogs of work added the least in 20 months. On prices, input costs went up to the highest since July last year, prompted by the rising costs of raw materials and shipment fees. Lastly, the outlook for future activity improved to a 4-month peak, but optimism remained subdued by historical standards and was below the 2022 average.
2023-03-03
UAE Non-Oil Private Sector Growth at 1-Year Low
The S&P Global United Arab Emirates ticked down slightly to 54.1 in January 2023 from 54.2 in the prior month, pointing to the continued growth in the non-oil private sector activity but the softest pace since January 2022. Output growth stood at 16-month low, while new orders rose sharply to three-month high. Meanwhile, export orders declined at the fastest rate since June 2021, amid weakening global economic conditions. In addition, employment went up at a quickest rate than in December, although some panelists noted that recruitment processes took longer than usual, which resulted to an increase in backlogs. On the price front, input prices were broadly stable for the second consecutive month, due to robust supply chains and the partial alleviation of energy and transport prices. Finally, business confidence remained among the weakest seen in the series history, albeit a marginal improvement from December's 22-month low.
2023-02-03
UAE Non-Oil Private Sector Growth Stays Robust
The S&P Global United Arab Emirates edged lower to 54.2 in December 2022 from 54.4 in the previous month, in line with its long-run series average since August 2009. The latest reading signalled an improvement in the country’s non-oil private sector activity, albeit one of the softest expansions since January. Output continued to grow at a sharp pace in December but showed signs of easing from its over three-year peak in August, while new businesses continued to rise sharply but at the slowest pace in fifteen months. Also, employment increased at the softest rate in eight months and only marginally overall, while backlogs of work accelerated. Meanwhile, new business export declined for the first time since August 2021. On prices, input costs decreased due to improvements in input availability and stabilization of wage costs. Lastly, businesses were less optimistic as year-ahead expectations fell to its lowest point since February 2021.
2023-01-04