{"id":642051,"date":"2017-08-06T03:53:21","date_gmt":"2017-08-06T03:53:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/"},"modified":"2017-08-06T03:53:21","modified_gmt":"2017-08-06T03:53:21","slug":"new-orders-stabilising-export-orders-increasing-pmi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/","title":{"rendered":"New orders stabilising, export orders increasing -PMI"},"content":{"rendered":"

<\/a> New export orders increased for the fourth consecutive month in July and new <\/strong>orders overall have stabilised, ending a 21-month straight decline<\/strong>, according the Markit \/ Emirates NBD Egypt PMI<\/a>. Overall, with the PMI reading registering 48.6 in July, the downturn in the health of the economy eased in July and output declined at the slowest pace in 12 months, thereby leading to only a marginal fall in input buying. \u201cEgypt\u2019s economy appears to be stabilizing<\/strong>, with new orders unchanged in July following nearly 2 years of contraction. However, firms saw input costs rise sharply on the back of higher fuel costs as subsidies were cut further at the end of June. Inflationary pressure is likely to remain elevated as higher electricity tariffs came into effect this month,\u201d commented Khatija Haque, Emirates NBD\u2019s head of MENA research. The report also notes that \u201cfirms remained optimistic with regards to output growth over the next 12 months<\/strong>. Some companies mentioned hopes of stability in currency markets and economic conditions.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

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 and output declined at 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-642051","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"830bc74b-081b-489a-9491-b5ff2af116d9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642044],"teaser":"","voice_url":""},"yoast_head":"\nNew orders stabilising, export orders increasing -PMI - 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\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New orders stabilising, export orders increasing -PMI\" \/>\n<meta property=\"og:description\" content=\"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 and output declined at the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-06T03:53:21+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\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"New orders stabilising, export orders increasing -PMI\",\"datePublished\":\"2017-08-06T03:53:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\"},\"wordCount\":171,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/new-orders-stabilising-export-orders-increasing-pmi\/\",\"name\":\"New orders stabilising, export orders increasing -PMI - 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The PMI gauge fell to 49.4 in August from 50.3 in July, indicating\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\/9\/3005.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595773,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/egypts-non-oil-business-activity-grows-in-july-after-two-months-of-contraction\/","url_meta":{"origin":642051,"position":2},"title":"Egypt\u2019s non-oil business activity grows in July after two months of contraction","author":"enterpriseam admin","date":"6 August 2019","format":false,"excerpt":"Non-oil business activity grows in July after two months of contraction: A slight growth in output and new orders in July brought non-oil business activity back to expansion territory after two months of contraction,according to the Markit \/ Emirates NBD purchasing managers' index (PMI) gauge (pdf). July\u2019s PMI hit 50.3,\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\/2\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630951,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/new-orders-grow-appetite-from-eu-improving-but-pmi-reading-still-below-below-50-in-february\/","url_meta":{"origin":642051,"position":3},"title":"New orders grow, appetite from EU improving, but PMI reading still below below 50 in February","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"Total new orders for Egypt\u2019s non-oil private sector returned to expansion and new export business witnessed an uptick in February, the Markit-compiled Emirates NBD PMI showed. The PMI reading for the month still remained below the 50.0 neutral mark at 49.7, but was over its long-run average. \u201cPanelists noted stronger\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":638427,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/business-confidence-at-15-month-high-but-pmi-hits-three-month-low\/","url_meta":{"origin":642051,"position":4},"title":"Business confidence at 15-month high, but PMI hits three-month low","author":"enterpriseam admin","date":"4 October 2017","format":false,"excerpt":"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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