The Emirates NBD Egypt PMI increased to 49.9 in March 2019 from a 17-month low of 48.2 in the previous month and marking the highest PMI reading since August last year. New orders grew for the first time in seven months, while new export orders fell at a slower rate than the multi-year low recorded in February, and output contracted marginally as greater activity due to higher sales at a few firms was offset by reduction at others. Meantime, employment shrank for the sixth month running. On the price front, input price inflation descended to a new record low, particularly due to reduced price pressures on input purchases. Egyptian businesses reacted with a fractional uptick in output charges, ending a two-month sequence of declining prices. Finally, future expectations slipped from February’s ten-month high. Some businesses expressed worries that stagnation in the economy would reduce activity over the coming year. Manufacturing PMI in Egypt is reported by Markit Economics.

Manufacturing PMI in Egypt is expected to be 49.80 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 50.20 in 12 months time. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 50.80 in 2020, according to our econometric models.

Egypt Non-Oil Private Sector PMI
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Egypt Business Last Previous Highest Lowest Unit
Manufacturing PMI 49.90 48.20 52.50 37.10 [+]
Industrial Production 0.70 1.80 22.50 -14.50 percent [+]
Industrial Production Mom -8.30 2.40 22.10 -17.10 percent [+]
Manufacturing Production -0.70 5.20 26.60 -19.80 percent [+]
Changes in Inventories 7.00 4.00 7.00 0.00 EGP Billion [+]
Internet Speed 1978.30 2172.06 3983.16 389.43 KBps [+]
IP Addresses 4504838.00 4995464.00 5900856.00 406087.00 IP [+]
Steel Production 686.36 670.00 727.44 48.00 Thousand Tonnes [+]
Ease of Doing Business 120.00 128.00 128.00 106.00 [+]
Competitiveness Index 53.59 53.17 53.59 3.60 Points [+]
Competitiveness Rank 94.00 94.00 119.00 70.00 [+]
Corruption Index 35.00 32.00 37.00 28.00 Points [+]
Corruption Rank 105.00 117.00 118.00 41.00 [+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.90 48.20 52.50 37.10 2012 - 2019 Monthly

Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19