Egypt Purchasing Managers’ Index
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.
This result is the first above-50.0 reading since July 2019.
"The Egypt PMI sunk to an historic low of 29.7 in April, as the country faced the first full month of measures restricting activity and movement in the wake of the COVID-19 pandemic,” Economist at IHS Markit David Owen said Tuesday.
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