The S&P Global United Arab Emirates PMI increased to 55.4 in December 2024 from 54.2 in November, marking the strongest growth in the country's non-oil private sector since March. The increase in new orders was the sharpest in nine months, driving the fastest rise in output since April. However, backlogs built up at the fastest pace in seven months, as firms faced challenges on staff recruitment. Employment grew at one of the slowest rates in over two-and-a-half years, putting greater strain on capacity and hindering the ability of firms to hold on to stock. The survey also revealed a slower improvement in delivery times. Regarding prices, input price inflation eased for the fourth time in five months, falling below the long-term average, while purchase prices increased at the weakest rate since April. Lastly, although business confidence regarding the year-ahead outlook remained positive, the level of optimism was at its second-lowest level since early 2023. source: S&P Global
Manufacturing PMI in the United Arab Emirates increased to 55.40 points in December from 54.20 points in November of 2024. Manufacturing PMI in the United Arab Emirates averaged 54.69 points from 2011 until 2024, 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.
Manufacturing PMI in the United Arab Emirates increased to 55.40 points in December from 54.20 points in November of 2024. Manufacturing PMI in the United Arab Emirates is expected to be 55.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.