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November’s PMI readings show non-oil private sector activity contract for third consecutive month
Good afternoon folks, and a happy Tuesday to you. Today we have all the latest on Egypt’s fresh PMI reading,…
Egypt’s non-oil private sector activity continues to contract on the back of rising price pressures
A weaker EGP drove higher input prices and slowing purchase orders
Egypt’s PMI falls back into contraction territory as input prices soar
Higher cost inflation dampened sales and slowed business activity
Non-oil private sector activity grows after three years in contraction
Our PMI left contraction territory for the first time since November 2020
Non-oil private sector activity remains near growth territory despite dipping in July
The index dipped slightly to 49.7 in July, down from an almost three-year peak of 49.9 in June
Egypt’s PMI picks up to its highest level in three years, nears growth
Egypt’s PMI rose to 49.9 in June, marginally below 50.0 growth mark
Egypt’s non-oil private sector inches closer to growth
Egypt’s PMI rose to 49.6 in May, verging on the edge of growth
Non-oil private sector activity drops further in April as it enters 41st straight month of contraction
Sentiment improved, but businesses are still pessimistic on growth prospects
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