{"id":638427,"date":"2017-10-04T03:48:56","date_gmt":"2017-10-04T03:48:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/business-confidence-at-15-month-high-but-pmi-hits-three-month-low\/"},"modified":"2017-10-04T03:48:56","modified_gmt":"2017-10-04T03:48:56","slug":"business-confidence-at-15-month-high-but-pmi-hits-three-month-low","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/business-confidence-at-15-month-high-but-pmi-hits-three-month-low\/","title":{"rendered":"Business confidence at 15-month high, but PMI hits three-month low"},"content":{"rendered":"

<\/a> Companies in Egypt are strongly optimistic about their growth prospects<\/strong>, according to September\u2019s reading of the Emirates NBD PMI compiled by Markit<\/a>. The index overall slipped to 47.4, a three-month low, because of reductions in new orders and output and accelerated job losses. A potentially worrying sign is that new export orders declined for the first time since March, which panelists said was partly driven by political and economic uncertainty in neighbouring countries. \u201cImproving export demand had been the one bright spot in the PMI surveys over the last few months, but unfortunately this seems to have reversed in September, with new export orders declining for the first time in six months. Both output and total new orders fell at a faster rate in September as domestic demand remained weak. However, businesses were more upbeat about the outlook for the coming year, with expectations for as a more stable currency and lower inflation,\u201d Head of MENA Research at Emirates NBD, Khatija Haque, commented.<\/p>\n","protected":false},"excerpt":{"rendered":"

Companies in Egypt are strongly optimistic about their growth prospects, according to September\u2019s reading of the Emirates NBD PMI compiled by Markit. The index overall slipped to 47.4, a three-month low, because of reductions in new orders and output and accelerated job losses. A potentially worrying sign is that new export orders declined for the […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638427","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5ed435c5-1ceb-4882-b220-a0a23c3fc3ad","order":"0","is_powered_by":true,"section_story_id":"15c6bacb-3ee5-4e4d-a918-a8f3f95ac4df","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638420],"teaser":"","voice_url":""},"yoast_head":"\nBusiness confidence at 15-month high, but PMI hits three-month low - 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\/2017\/10\/04\/business-confidence-at-15-month-high-but-pmi-hits-three-month-low\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business confidence at 15-month high, but PMI hits three-month low\" \/>\n<meta property=\"og:description\" content=\"Companies in Egypt are strongly optimistic about their growth prospects, according to September\u2019s reading of the Emirates NBD PMI compiled by Markit. 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The PMI rose to 49.2\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":569696,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/04\/non-oil-private-sector-continues-to-shrink-on-falling-output-export-orders\/","url_meta":{"origin":638427,"position":1},"title":"Non-oil private sector continues to shrink on falling output, export orders","author":"enterpriseam admin","date":"4 March 2020","format":false,"excerpt":"Non-oil private sector continues to shrink on falling output, export orders: Business activity in Egypt's non-oil private sector remained in contraction in February as export orders continued to fall and output dropped, according to the IHS Markit purchasing managers\u2019 index (PMI) (pdf). The rate of contraction improved marginally from January,\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\/3\/53.jpg?fit=%2C&ssl=1&resize=350%2C200","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":638427,"position":2},"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":644855,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/","url_meta":{"origin":638427,"position":3},"title":"Export orders continue to grow in June - PMI","author":"enterpriseam admin","date":"5 July 2017","format":false,"excerpt":"New export orders continued to grow for its third consecutive month in June, according to last month\u2019s reading in yesterday\u2019s Emirates NBD Egypt PMI (pdf). The gauge came in 47.2 in June, broadly similar to last month\u2019s reading 47.3. This growth in exports came on the back of greater interest\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":601642,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/06\/egypts-non-oil-business-activity-falls-to-17-month-low-pmi\/","url_meta":{"origin":638427,"position":4},"title":"Egypt\u2019s non-oil business activity falls to 17-month low: PMI","author":"enterpriseam admin","date":"6 March 2019","format":false,"excerpt":"Non-oil business activity falls to 17-month low, sentiment hits 10-month high: The Egypt purchasing managers\u2019 index (PMI) contracted for the sixth consecutive month in February to reach a 17-month low, according to Markit \/ Emirates NBD data. The index fell to 48.2 last month from 48.5 in January, \u201csignalling a\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\/3\/715.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640906,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/pmi-records-joint-23-month-high\/","url_meta":{"origin":638427,"position":5},"title":"PMI records joint 23-month high","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"The good news continues: August\u2019s Markit \/ Emirates NBD PMI for Egypt rose to a \u201cjoint\u201d 23-month high with a reading of 48.9 as export orders \u201crose sharply.\u201d The PMI also pointed to the weakest contraction in output in the 23-month period as new export work increased markedly. \u201cEgypt\u2019s PMI\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638427","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=638427"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638427\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638420"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638427"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638427"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}