{"id":604609,"date":"2018-12-09T04:30:00","date_gmt":"2018-12-09T04:30:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/"},"modified":"2018-12-09T04:30:00","modified_gmt":"2018-12-09T04:30:00","slug":"pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/","title":{"rendered":"PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October"},"content":{"rendered":"

<\/a> PMI: Non-oil business activity contracts for third month in a row: <\/b>Private sector activity contracted for the third month in a row in November, but at a slower pace than the previous two months, according to the Markit \/ Emirates NBD purchasing managers\u2019 index (pdf)<\/a>. The PMI rose to 49.2 in November from 48.6 in October<\/a>, closely missing the 50 expansion mark. \u201cThe recovery in the headline PMI in November to a three-month high is encouraging,\u201d Emirates NBD MENA economist Khatija Haque said. Declines in output, new orders, and export orders were behind the contraction.<\/p>\n

Employment index falls:<\/b> Some of the surveyed firms said they actively let staff go in response to falling demand. \u201cAlthough the declines in output and new work were relatively modest, the employment index fell to its lowest level since March,\u201d Haque said.<\/p>\n

But sentiment was positive: <\/b>\u201cOverall sentiment was positive, with many companies hoping that market stability will encourage demand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

PMI: Non-oil business activity contracts for third month in a row: Private sector activity contracted for the third month in a row in November, but at a slower pace than the previous two months, according to the Markit \/ Emirates NBD purchasing managers\u2019 index (pdf). The PMI rose to 49.2 in November from 48.6 in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[104,72,185,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604609","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-pmi","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ab0b5636-53d8-4206-86ba-aa1f71291352","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[604602],"teaser":"","voice_url":""},"yoast_head":"\nPMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October - 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\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October\" \/>\n<meta property=\"og:description\" content=\"PMI: Non-oil business activity contracts for third month in a row: Private sector activity contracted for the third month in a row in November, but at a slower pace than the previous two months, according to the Markit \/ Emirates NBD purchasing managers\u2019 index (pdf). The PMI rose to 49.2 in November from 48.6 in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-09T04:30:00+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October\",\"datePublished\":\"2018-12-09T04:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\"},\"wordCount\":175,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"economy\",\"EnterpriseAM\",\"PMI\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/09\/pmi-non-oil-business-activity-in-egypt-contracted-for-a-third-month-in-a-row-but-at-a-slower-pace-than-in-september-and-october\/\",\"name\":\"PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October - 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The PMI rose\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\/2021\/1\/81.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592772,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-non-oil-business-activity-falls-slightly-in-october-but-sentiment-is-up\/","url_meta":{"origin":604609,"position":1},"title":"Egypt\u2019s non-oil business activity falls slightly in October, but sentiment is up","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt\u2019s non-oil private sector remained in contraction territory in October, with output and new orders falling moderately, according to the Markit \/ Emirates NBD purchasing managers\u2019 index (PMI) (pdf). The PMI gauge dipped marginally to 49.2 in\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\/2019\/11\/1027.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591372,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/egypts-non-oil-business-activity-hits-two-year-lows-in-november\/","url_meta":{"origin":604609,"position":2},"title":"Egypt\u2019s non-oil business activity hits two-year lows in November","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"November was a month to forget for the non-oil private sector, the PMI suggests: Non-oil private sector business activity hit two-year lows in November as output, new orders, and employment fell, according to the Markit \/ Emirates NBD purchasing managers\u2019 index (pdf). 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The latest purchasing managers\u2019 index fell to 48.2, down from 50.8 in April, signalling \"a moderate deterioration in the health of\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\/2019\/6\/1122.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566943,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/08\/egypts-non-oil-business-activity-inches-up-in-december-remains-in-contraction-territory\/","url_meta":{"origin":604609,"position":4},"title":"Egypt\u2019s non-oil business activity inches up in December, remains in contraction territory","author":"enterpriseam admin","date":"8 January 2020","format":false,"excerpt":"Non-oil business activity improves slightly in December, but it\u2019s still in contraction territory: Egypt\u2019s non-oil private sector continued to contract in December, albeit at a slightly slower rate than November, which saw the lowest level of private sector business activity in two years, according to the Markit \/ Emirates NBD\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\/2020\/1\/535.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597817,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/egypts-non-oil-business-activity-expands-for-the-first-time-in-eight-months\/","url_meta":{"origin":604609,"position":5},"title":"Egypt\u2019s non-oil business activity expands for the first time in eight months","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Non-oil business activity expanded for the first time in eight months in April, driven by a rise in domestic orders, according to the Markit \/ Emirates NBD PMI gauge (pdf). 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