Manufacturing PMI in the United Arab Emirates decreased to 54.30 in May from 56.10 in April of 2017. Manufacturing PMI in the United Arab Emirates averaged 55.35 from 2011 until 2017, reaching an all time high of 61.20 in October of 2014 and a record low of 51.70 in December of 2011. Manufacturing PMI in the United Arab Emirates is reported by Markit Economics. 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.
June 05, 2017 at 11:52AM
from Markit Economics
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