The IHS Markit Egypt PMI rose to 50.4 in September 2020 from 49.4 in August. The latest reading marked the first monthly expansion in the sector since July last year, amid the loosening restriction measures. New business growth accelerated to the fastest in over five years, with export sales also growing sharply, while employment fell at the slowest rate in ten months. Also, a rise in backlogs was seen for the fifth straight month, highlighting growing capacity pressures in the private sector. On the price front, input prices inflation eased to a three-month low, due to a stronger in exchange rates and reduction in some raw materials prices, while output inflation rose to the fastest in a year. Business sentiment were largely unmoved in September, and remained below the series trend. source: Markit Economics

Manufacturing PMI in Egypt averaged 47.84 points from 2012 until 2020, reaching an all time high of 52.50 points in November of 2013 and a record low of 29.70 points in April of 2020. This page provides the latest reported value for - Egypt Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt Non-Oil Private Sector PMI - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Manufacturing PMI in Egypt is expected to be 48.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Egypt to stand at 49.60 in 12 months time. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 49.00 points in 2021 and 49.50 points in 2022, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Egypt Non-Oil Private Sector PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.40 49.40 52.50 29.70 2012 - 2020 points Monthly
SA


News Stream
Egypt Non-Oil Private Sector Returns to Growth
The IHS Markit Egypt PMI rose to 50.4 in September 2020 from 49.4 in August. The latest reading marked the first monthly expansion in the sector since July last year, amid the loosening restriction measures. New business growth accelerated to the fastest in over five years, with export sales also growing sharply, while employment fell at the slowest rate in ten months. Also, a rise in backlogs was seen for the fifth straight month, highlighting growing capacity pressures in the private sector. On the price front, input prices inflation eased to a three-month low, due to a stronger in exchange rates and reduction in some raw materials prices, while output inflation rose to the fastest in a year. Business sentiment were largely unmoved in September, and remained below the series trend.
2020-10-05
Egypt Non-Oil Private Sector Activity Shrinks Further
The IHS Markit Egypt PMI edged down to 49.4 in August 2020 from 49.6 in July. This was the thirteenth straight month of contraction in the non-oil private sector. Both output and new orders growth eased, while employment continued to fall at solid pace. Meantime, demand from foreign customers increased at the quickest pace in nearly three years, due to the reopening of tourist sites which spurred increased travel to Egypt. On the price front, output prices rose for the first time in ten months amid a further increase in input prices, due to higher purchase prices for medical equipment and disinfectants. Business sentiment weakened and was the lowest since May.
2020-09-03
Egypt Non-Oil Private Sector Shrinks the Least in a Year
The IHS Markit Egypt PMI increased to 49.6 in July 2020 from 44.6 in June. This was the twelfth straight month of contraction in the non-oil private sector but the softest in the current sequence, as key parts of the economy such as tourism and hospitality started to reopen. Output expanded for first time in 12 months. New business also grew as export conditions improved, leading to slower declines in employment and inventories. At the same time, backlogs of work rose for the third month running, as some clients continued to delay payments due to a lack of liquidity. On the price front, input costs rose sharply, as the rate of inflation ticked up to its highest for nine months. Meanwhile, output charges continued to fall in an effort to attract new customers and improve sales. Business sentiment improved and was the highest seen for nearly two-and-a-half years, amid hopes that the reopening of tourism could spur an economic recovery over the summer.
2020-08-05
Egypt Non-Oil Private Sector Shrinks the Least in 4 Months
The IHS Markit Egypt PMI increased to 44.6 in June 2020 from 40 in May. This was the eleventh straight month of contraction in the non-oil private sector but the softest since February, as parts of the economy restarted following restrictions. Output and new orders rose to four-month highs. Employment declined for the 8th month running, with the rate of job shedding quickening to a near four-year high. Alongside this, businesses reduced workers' salaries for the third month in a row. At the same time, backlogs increased for the second consecutive month, and at a record pace. On the price front, input costs rose sharply, due to an increase in prices for medical materials and a falling exchange rate. Meanwhile, output charges continued to fall in an effort to attract new customers and improve sales. Business sentiment improved and was the highest seen in 2020, amid the loosening lockdown restrictions.
2020-07-06

Egypt Non-Oil Private Sector PMI
In Egypt, the Emirates NBD Egypt Purchasing Managers’ Index measures the performance of the non-oil private sector and is derived from a survey of 450 companies, including manufacturing, services, construction and retail. The Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the non-oil private sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.