Egypt’s PMI slips from highest rating in 3 years but remains on “cusp of expansion”

Mon, 05 Aug 2024 - 09:56 GMT

Registering just below the 50.0 threshold indicating growth, Egypt’s PMI slipped to 49.7 in July, making it the second-highest reading in nearly three years after declining from June’s 49.9

Egypt’s PMI reaches highest level in 3 years in June, landing just under growth threshold

Thu, 04 Jul 2024 - 09:56 GMT

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

S&P predicts LE to adjust closer to black market rates, believes IMF to release tranches post-adjustment

Mon, 29 Jan 2024 - 12:29 GMT

“We think more clarity on exchange rate policy would benefit trade and economic growth and trigger an increase in remittance inflows,” S&P wrote in its report

Egypt maintains PMI recorded at 49.2 in August, shows signs of recovering market

Tue, 05 Sep 2023 - 11:26 GMT

In August, output declined modestly, driven by price pressures that constrained capacity