Latest in Tag: PMI Highlight
Latest in Tag: PMI
Egypt’s PMI rises to 49.3 during February: IHS Markit
Rate of decline softest for three months, index also above long-run average of 48.2
Egypt’s improved PMI reflects economy’s recovery, restored production: Finance Minister
This proves that the country’s economic situation is overcoming the negative effects of the novel coronavirus (COVID-19) pandemic.
Planning Ministry reviews PMI results for September 2020
Business conditions have improved for Egypt’s non-oil producing sector, representing first economic recovery for in 14 months, says Hala El-Said
Egypt’s private economic activity rises for first time in 12 months
IHS Markit Egypt PMI rose to 49.6 in July, up from 44.6 in June
FDA authorises marketing of IQOS as modified risk tobacco product
As a result of the FDA decision, the company presented its next steps as part of its bold ambition to encourage those smokers who would otherwise continue smoking cigarettes to switch to alternatives deemed better, based on scientific research, like the IQOS,.
Egypt’s PMI rises to 40.7 in May as companies reopen: Deputy Finance Minister
EGP 8.34m, equivalent to 0.15% of the GDP, have been allocated to adjust salaries of public health staff as they combat the coronavirus
Egypt’s PMI for non-oil private sector rises to 40.7 in May
Sector remains below 50.0 that separates growth, contraction
Egypt’s non-oil private sector sees record decline due to COVID-19: PMI
Private sector companies generally confident economy will reopen soon
Egypt’s non-oil private sector contracts to lowest point since January 2017
PMI will continue its downward trend as long as prices decrease, if prices become stable, PMI readings will strengthen again: Pharos
Egypt’s non-oil private sector’s activity dropped to lowest point in over two years: PMI
Prioritising exports, easing taxes policy are Egypt’s gateway from PMI contraction zone, says Sherif El-Diwany
Egypt’s non-oil private sector slightly declines in October: IHS Markit
PMI records 49.2 in October down from 49.5 in September, signalling a marginal deterioration in operating conditions
Egyptian business sentiment climbs to 18-month high in August: IHS Markit
Pharos expects PMI reading to break above 50-point mark before end of 2019
Egypt’s PMI improves slightly, yet still in contractionary territory
According to the PMI, the average of 49.4 over the second quarter (Q2) of 2019 was the strongest since Q3 last year, and was noticeably better than the long-run series average of 48.4.
Egypt’s non-oil private sector slightly retracts in May as PMI hit 48.2: Emirates NBD
Bank maintains outlook that conditions will improve as GDP growth bolsters demand
Egypt’s PMI rose to highest level since August 2018
State’s non-oil private sector activity recorded 49.9 in March
Egypt’s outlook stable supported by fiscal policy, despite lower PMI: FocusEconomics
GDP to expand 5.3%, fiscal deficit narrowing to 8.4% in FY 2019, EGP 18.2 per USD in CY 2019
Emirates NBD Egypt PMI falls in January to 48.5
The Emirates NBD Purchasing Managers’ Index (PMI) for Egypt’s non-oil private sector fell from 49.6 in December to 48.5 in January, the lowest level since December 2017. There were nevertheless some promising data in the sub-components that could presage an improvement in the Egyptian economy in the coming months, according to Daniel Richards, MENA economist …
Egypt’s PMI declined to slowest level since December 2017
State’s non-oil private sector activity declined to 48.5 in January down from 49.6 in December: NBD PMI
Egypt PMI declines by 3.6% in September
Inflation rates for input prices, staff costs, charges’ ease, confidence the 12-month outlook improved, private sector employment remained unchanged
Egypt PMI rise in July to eight-month high of 50.3: Emirates NBD
Stronger GDP growth in 2018/19 supported by monetary policy normalisation, political stability, tourism recovery
Egypt’s PMI rises in July as exports orders increased for fourth consecutive month
Companies surveyed expressed optimism that economy would improve over next year
Business conditions continue to worsen: Emirates NBD Egypt PMI
Sharper contractions in output and new orders
Business contraction rates soften: Emirates NBD Egypt PMI
Sharp, albeit slower, contractions in output and new orders
Reductions in output and new orders stress non-oil private sector: PMI
PMI posted below the crucial mark of 50.0 for the 16th month straight
Egypt’s PMI declines in August
FocusEconomics forecasts 5.2% increase in total investments in FY 2016/2017
Egypt hits one year of recession
New report finds that downturn in Egypt’s business activity is still linked to inflation increase, foreign currency crisis, and introduction of VAT
Egypt’s private sector contracts for 11th consecutive month: IHS
Rate of contraction in private sector sharpened on the back of steep price increases, as global data points to stagnation
Notable rise in output, new orders of private companies: HSBC
Employment rose for first time since April 2012, yet job creation remains modest
Egypt business activity shrinks in May: PMI
Reuters – Business activity in Egypt shrank for the third month in a row in May, a poll showed on Tuesday, in a sign the economy remains fragile as former army chief Abdel Fattah Al-Sisi is set to become the country’s next president. Egypt’s economy has been hit by more than three years of political and …
Major economies end first quarter on weaker note
Reuters – Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across Europe eased back on the throttle in March while China’s vast manufacturing industry contracted for the third …