{"id":592419,"date":"2023-08-06T00:00:00","date_gmt":"2023-08-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/"},"modified":"2023-08-06T00:00:00","modified_gmt":"2023-08-06T00:00:00","slug":"pmi-continues-to-contract-at-a-softer-pace-in-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/","title":{"rendered":"PMI continues to contract at a softer pace in July"},"content":{"rendered":"

More improvement in July for business activity: <\/strong>The contraction in Egypt\u2019s non-oil private sector slowed to its softest pace in nearly two years in July, suggesting \u201cinitial pointers of a recovery in market demand following a lengthy downturn,\u201d according to S&P Global\u2019s purchasing managers\u2019 index (PMI) (pdf)<\/a>. The country\u2019s PMI rose for a fourth consecutive month to hit 49.2 in July from 49.1 in June<\/a>. This is the highest reading since August 2021 but remains below the 50.0 mark that separates growth from contraction, making July the 32nd consecutive month that business activity has been in decline.<\/p>\n

Output + new orders once again drove the gentler contraction in July: <\/strong>Rates of decline continued to soften in output and new orders, continuing the improvement seen a month before. \u201cBusiness activity dropped at the weakest rate in almost two years\u2026 The decline in new orders also showed further signs of softening, as firms reported initial pointers of a recovery in market demand following a lengthy downturn,\u201d said David Owen, Senior Economist at S&P Global Market Intelligence. Output decreased across all sectors but at its softest rate in almost two years as some businesses noted a recovery in demand that saw new orders decline only modestly. The improved conditions saw inventories and staffing levels near stabilization. <\/p>\n

Has inflation peaked for businesses? <\/strong>High prices continued to dampen spending as input cost inflation ticked up slightly, but selling prices rose at their weakest rate since April 2022 as companies continued to absorb inflationary costs. \u201cIf the demand recovery spreads and official inflation metrics show a softening, we could see a pick-up in sentiment soon,\u201d Owen said.<\/p>\n

REMEMBER - Annual Inflation hit a record high of <\/strong>35.7% y-o-y<\/a><\/strong> during June, up from 32.7% in May. Capmas and the central bank should release July\u2019s inflation figures on 10 August.<\/p>\n

Confidence remains close to record lows:<\/strong> \"Despite the general movement back to stabilization territory, firms are still fairly subdued about the future, with just 6% expecting output to grow over the next 12 months,\" Owen noted.<\/p>\n

FROM THE REGION-<\/strong><\/p>\n

Saudi Arabia\u2019s PMI (<\/a><\/strong>pdf<\/a><\/strong>)<\/a><\/strong> dropped to 57.7 in July<\/strong>, from 59.6 in June. The pace of growth remains strong but marks a seven-month low for the country on the back of ongoing market repricing adjustments and the rising cost of capital. <\/p>\n

The UAE\u2019s PMI (<\/a><\/strong>pdf<\/a><\/strong>)<\/a><\/strong> also dropped to 56.0 in July<\/strong> from 56.9 in June. Business activity grew at a slightly slower pace as sales expansion slowed to a four-month low.<\/p>\n","protected":false},"excerpt":{"rendered":"

The PMI rose to 49.2 from 49.1 in June<\/p>\n","protected":false},"author":1,"featured_media":592420,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7206],"tags":[104,72,185,6337],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-economy","tag-enterpriseam","tag-pmi","tag-sp-global","wpautop","entry"],"acf":{"mongo_id":"e41ffc38-3170-485c-961f-1af6a755be69","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/215.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s non-oil private sector activity contracts at weakest rate in 23 months in July","related_issue":[592412],"teaser":"The PMI rose to 49.2 from 49.1 in June","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.a7660e52-24c5-465b-a272-fde28b25ad0b.mp3"},"yoast_head":"\nPMI continues to contract at a softer pace in July - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMI continues to contract at a softer pace in July\" \/>\n<meta property=\"og:description\" content=\"The PMI rose to 49.2 from 49.1 in June\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-06T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PMI continues to contract at a softer pace in July\",\"datePublished\":\"2023-08-06T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\"},\"wordCount\":415,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"PMI\",\"S&P Global\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\",\"name\":\"PMI continues to contract at a softer pace in July - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-08-06T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PMI continues to contract at a softer pace in July\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PMI continues to contract at a softer pace in July - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/","og_locale":"en_US","og_type":"article","og_title":"PMI continues to contract at a softer pace in July","og_description":"The PMI rose to 49.2 from 49.1 in June","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-08-06T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"PMI continues to contract at a softer pace in July","datePublished":"2023-08-06T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/"},"wordCount":415,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","PMI","S&P Global"],"articleSection":["Economy"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/","name":"PMI continues to contract at a softer pace in July - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1","datePublished":"2023-08-06T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/pmi-continues-to-contract-at-a-softer-pace-in-july\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"PMI continues to contract at a softer pace in July"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/215.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":605809,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/06\/non-oil-private-sector-activity-contracts-at-same-pace-in-august\/","url_meta":{"origin":592419,"position":0},"title":"Non-oil private sector activity contracts at same pace in August","author":"enterpriseam admin","date":"6 September 2023","format":false,"excerpt":"This was the 33rd consecutive month of contraction","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/519.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589633,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/06\/the-pmi-was-in-contraction-territory-again-in-june\/","url_meta":{"origin":592419,"position":1},"title":"The PMI was in contraction territory again in June","author":"enterpriseam admin","date":"6 July 2023","format":false,"excerpt":"The PMI rose to 49.1 from 47.8 in May","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/129.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643187,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/04\/non-oil-private-sector-activity-grows-after-three-years-in-contraction-2\/","url_meta":{"origin":592419,"position":2},"title":"Non-oil private sector activity grows after three years in contraction","author":"enterpriseam admin","date":"4 September 2024","format":false,"excerpt":"Our PMI left contraction territory for the first time since November 2020","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/218.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624316,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/05\/business-conditions-improve-again-in-august-as-pmi-advances-to-its-highest-level-since-2015\/","url_meta":{"origin":592419,"position":3},"title":"Business conditions improve again in August as PMI advances to its highest level since 2015","author":"enterpriseam admin","date":"5 September 2018","format":false,"excerpt":"** #3 Business conditions improve again in August \u2013PMI: Business conditions continued to improve in August, with the headline Emirates NBD PMI compiled by Markit rising to its highest level since September 2015. The index rose to 50.5 in August, up from 50.3 in July, as a result of \u201cnew\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642051,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/","url_meta":{"origin":592419,"position":4},"title":"New orders stabilising, export orders increasing -PMI","author":"enterpriseam admin","date":"6 August 2017","format":false,"excerpt":"New export orders increased for the fourth consecutive month in July and new orders overall have stabilised, ending a 21-month straight decline, according the Markit \/ Emirates NBD Egypt PMI. Overall, with the PMI reading registering 48.6 in July, the downturn in the health of the economy eased in July\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":656423,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/04\/egypts-non-oil-private-sector-activity-contracts-at-slowest-pace-in-three-months\/","url_meta":{"origin":592419,"position":5},"title":"Egypt\u2019s non-oil private sector activity contracts at slowest pace in three months","author":"enterpriseam admin","date":"4 December 2024","format":false,"excerpt":"Easing input cost pressures and modest growth in manufacturing offset persistent weak demand across other sectors","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/370.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=592419"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/592419\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/592412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/592420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=592419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=592419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=592419"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=592419"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=592419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}