Non oil Private sector
The latest data from the PMI sub-components presented a mixed picture, with the output and new orders indices being the main factors keeping the overall index below the neutral mark.
Egypt’s non-oil private sector is on the cusp of pulling out of contraction territory, according to the latest PMI report by S&P Global for June 2024
It clarified that businesses saw demand slump in the face of sharply rising prices, a devalued pound and material shortfalls.
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