{"id":644855,"date":"2017-07-05T03:59:34","date_gmt":"2017-07-05T03:59:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/"},"modified":"2017-07-05T03:59:34","modified_gmt":"2017-07-05T03:59:34","slug":"export-orders-continue-to-grow-in-june-pmi","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/","title":{"rendered":"Export orders continue to grow in June - PMI"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>New export orders continued to grow for its third consecutive month in June, according to last month\u2019s reading in yesterday\u2019s <\/strong><a href=\"https:\/\/www.markiteconomics.com\/Survey\/PressRelease.mvc\/6360d9cbad2e4d928ceb0c5a95d2f709\"><strong>Emirates NBD Egypt PMI (pdf)<\/strong><\/a>. 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 from international markets and reports of new contract wins from overseas markets, as the weaker EGP continues to draw interest. \u201cEgypt\u2019s non-oil business continued to deteriorate during June \u2014 its 21st consecutive month \u2014 but at \u201ca modest pace that was broadly in line with the trend observed throughout the 2Q2017,\u201d said the report. Firms continued to cite weak domestic demand conditions as weighing on activity and new order growth, said the Head of MENA Research at Emirates NBD Khatija Haque. The overall downturn in non-oil business was led by a sharp fall in output, although the rate of contraction was only slightly below April\u2019s nine-month low. There was a sharp rise in output charges was observed in June, although the rate of inflation eased to the weakest in 16 months. Firms signalled the passing on of higher cost burdens to clients where possible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 from international markets and reports [&hellip;]<\/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-644855","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3a55eb18-a34b-4380-8b65-cccc7b5eb3ad","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[644848],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Export orders continue to grow in June - 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\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export orders continue to grow in June - PMI\" \/>\n<meta property=\"og:description\" content=\"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 from international markets and reports [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-05T03:59:34+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\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Export orders continue to grow in June - PMI\",\"datePublished\":\"2017-07-05T03:59:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\"},\"wordCount\":203,\"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\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\",\"name\":\"Export orders continue to grow in June - PMI - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-05T03:59:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Export orders continue to grow in June &#8211; PMI\"}]},{\"@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":"Export orders continue to grow in June - PMI - 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\/2017\/07\/05\/export-orders-continue-to-grow-in-june-pmi\/","og_locale":"en_US","og_type":"article","og_title":"Export orders continue to grow in June - PMI","og_description":"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). 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The gauge came in at 47.3, broadly unchanged from last month\u2019s 47.4. Overall business conditions worsened in May, marked by reductions to output and new orders. The rate\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":644855,"position":1},"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 &quot;Speed Round&quot;","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":636986,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/business-confidence-at-26-month-high-pmi-reading-shows\/","url_meta":{"origin":644855,"position":2},"title":"Business confidence at 26-month high, PMI reading shows","author":"enterpriseam admin","date":"6 November 2017","format":false,"excerpt":"Business confidence in Egypt hit a 26-month high, \u201csignalling strong optimism towards future growth prospects, with many expecting economic stability over the coming year,\u201d according to October\u2019s reading of the Emirates NBD PMI. Contractions in output, new orders, and employment all eased, the report showed even though they were \u201cmuted\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":602822,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/08\/egypts-non-oil-business-activity-closely-misses-growth-mark-in-march\/","url_meta":{"origin":644855,"position":3},"title":"Egypt\u2019s non-oil business activity closely misses growth mark in March","author":"enterpriseam admin","date":"8 April 2019","format":false,"excerpt":"Non-oil businesses sees rise in orders and output prices \u2014 and improvement in margins: The Emirates NBD Egypt purchasing managers\u2019 index (pdf) rose to 49.9 in March, marking \u201ca significant improvement from the 17-month low of 48.2 recorded in February,\u201d said Daniel Richards, MENA economist at Emirates NBD. What does\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1412.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626520,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/04\/pmi-sees-business-conditions-in-non-oil-private-sector-improving-only-slightly-last-month\/","url_meta":{"origin":644855,"position":4},"title":"PMI sees business conditions in non-oil private sector improving only slightly last month","author":"enterpriseam admin","date":"4 July 2018","format":false,"excerpt":"Business conditions in the non-oil private sector appear to have improved only slightly last month, \u201csignalling a deterioration in [its] health,\u201d according to the Emirates NBD PMI reading (pdf) compiled by Markit. The gauge rose slightly 49.4 in June from 49.2 in May, driven by a slight drop in output\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":640906,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/pmi-records-joint-23-month-high\/","url_meta":{"origin":644855,"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 &quot;Speed Round&quot;","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\/644855","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=644855"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644855\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644848"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644855"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644855"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}