The Emirates NBD Egypt PMI edged down to 48.6 in October 2018 from 48.7 in a month earlier. It was the second straight month of contraction in non-oil private sector and the lowest reading so far this year. New orders and output continued to fall, but the rate of decline was less marked than in September. Also, employment contracted further, and was the fastest since March, partly attributed to a number of employees leaving for new positions. Meanwhile, buying activity increased following a modest drop in September. On the price front, firms increased their output charges at the weakest rate in ten months. This was linked to a softer rate of input price inflation, although many still observed a rise in raw material costs, gasoline prices and staff wages. Regarding sentiment, firms remained confident that output would rise over the coming year. Manufacturing PMI in Egypt is reported by Markit Economics.

Manufacturing PMI in Egypt is expected to be 50.80 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 51.50 in 12 months time. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 50.50 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 48.60 48.70 52.50 37.10 [+]
Industrial Production 5.40 17.20 22.50 -14.50 percent [+]
Industrial Production Mom 0.70 8.50 22.10 -17.10 percent [+]
Manufacturing Production 12.60 8.20 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 590.00 605.47 684.00 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 32.00 34.00 37.00 28.00 Points [+]
Corruption Rank 117.00 108.00 118.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
48.60 48.70 52.50 37.10 2012 - 2018 Monthly
SA




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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