Egypt maintains PMI recorded at 49.2 in August, shows signs of recovering market

Tue, 05 Sep 2023 - 12:26 GMT

In August, output declined modestly, driven by price pressures that constrained capacity

Non-oil businesses’ outlook remains subdued despite June’s 22-month high in PMI

Wed, 05 Jul 2023 - 01:20 GMT

Despite the modest decline since May, inflationary pressures remained below the earlier peaks witnessed in January

Egypt's PMI hits 46.9 in February

Sun, 05 Mar 2023 - 02:25 GMT

According to S&P Global data, the index was up from 45.5 in January to signal a softer downturn.

Egypt's PMI shrinks to 45.5 in January as EGP falls

Sun, 05 Feb 2023 - 04:12 GMT

According to S&P Global data, the reading indicated a sharp deterioration in the health of the non-oil sector that was one of the quickest seen in the current 26-month sequence of decline.

Egypt's PMI records 2nd lowest level in 29 months

Mon, 05 Dec 2022 - 04:21 GMT

The main reason for the recession was the rapid decline in business activity, with companies participating in the study reporting that rapidly rising costs and declining new orders forced them to cut production.

Egypt's PMI stabilizes at 47.6 during September

Tue, 04 Oct 2022 - 02:31 GMT

The index signaled a solid deterioration in business conditions, albeit one that was the joint-weakest for seven months, it revealed.

Egypt's PMI records highest reading since February 2022

Mon, 05 Sep 2022 - 02:16 GMT

The PMI for the activity of the non-oil private sector increased from 46.4 points in July to 47.6 points in August.

Egypt's PMI records 46.4 in July

Wed, 03 Aug 2022 - 02:32 GMT

The results of the index revealed that the Egyptian non-oil businesses continued to register a decline in new order intakes at the start of the third quarter.

Egypt's PMI records 45.2 in June, records worst slump in business conditions for two years

Wed, 06 Jul 2022 - 04:30 GMT

It clarified that businesses saw demand slump in the face of sharply rising prices, a devalued pound and material shortfalls.

Egypt's PMI records 46.9 in April

Sun, 08 May 2022 - 09:39 GMT

It noted that the index signaled a solid deterioration in business conditions that was the second-fastest since June 2020.

Egypt's PMI records 46.5 in March

Tue, 05 Apr 2022 - 02:56 GMT

It noted that the latest reading indicated a solid decline in the health of the non-oil economy that was the sharpest recorded since June 2020.

Egypt's PMI records 48.1 in February

Thu, 03 Mar 2022 - 03:30 GMT

The index came below the 50.0 neutral mark for the fifteenth month running and only fractionally higher than January's nine-month low of 47.9.

Egypt's PMI records 49 in December

Tue, 04 Jan 2022 - 01:51 GMT

The index moved closer to the 50.0 neutral threshold and was above its long-run series average of 48.2 (since April 2011).

Egypt's PMI stabilizes at 48.7 in November

Sun, 05 Dec 2021 - 01:51 GMT

A sharp rise in business costs continued to drive higher selling prices and lower demand across the Egyptian non-oil economy during November. New business fell at the quickest pace for six months, leading to a decrease in output as well as renewed cuts in employment and purchasing. Subsequently, expectations for future output fell to their weakest in a year.

Egypt's PMI inches down to 48.7 in October

Wed, 03 Nov 2021 - 01:27 GMT

The Egyptian non-oil private sector faced a widening of the supply chain crisis in October, as a lack of inputs led to a solid contraction in output and the sharpest increases in both costs and charges for just over three years.

Egypt's PMI recorded to 48.9 in September

Tue, 05 Oct 2021 - 12:24 GMT

The index was below the 50.0 neutral mark for the 10th month in a row, signaling a contraction in the non-oil economy.

Egypt's PMI records 49.8 in August

Sun, 05 Sep 2021 - 11:03 GMT

The survey data noted that growing concerns over raw material prices and signs of a pick-up in demand led to a record expansion in purchasing activity among Egyptian firms in August.

PMI data reflects Egypt's success in overcoming 3rd wave of Corona: Planning Min.

Wed, 04 Aug 2021 - 01:41 GMT

The PMI report indicated that the index scored 49.1 points during July 2021, in addition to the Egyptian labor market moving to the scope of expansion in July 2021 for the first time since October 2019, according to a statement issued, Wednesday.

Egypt's PMI records 49.1 in July

Tue, 03 Aug 2021 - 05:56 GMT

The latest reading pointed to a slight deterioration in the health of the non-oil sector, and one that was softer than the series trend.

Egypt's PMI hikes to 49.9 in June

Tue, 06 Jul 2021 - 02:11 GMT

It marked the highest level since November 2020, according to the announced data.