The IHS Markit Egypt PMI dropped to 49.4 in August 2019 from 50.3 in the previous month. Output fell again following a slight expansion in July, with new orders declining a bit, amid weakness in domestic demand. Also, buying levels decreased after a solid expansion in July. Meanwhile, exports grew for the second month in a row amid improvements in the external market, as contracts from trading partners in the Middle East and other regions increased. At the same time, employment rose marginally, ending the previous three-month run of decline, while outstanding business advanced moderately. In terms of prices, input price inflation rose the most in ten months, amid a rise in fuel prices due to subsidy cuts in July. Consequently, selling prices went up solidly, and the most since August last year. Lastly, confidence improved to 1-1/2-year high. Manufacturing PMI in Egypt is reported by Markit Economics.

Manufacturing PMI in Egypt is expected to be 48.70 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 48.70 in 12 months time. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 49.00 in 2020, according to our econometric models.

Egypt Non-Oil Private Sector PMI
Forecast Data Chart
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Egypt Business Last Previous Highest Lowest Unit
Manufacturing PMI 49.40 50.30 52.50 37.10 [+]
Industrial Production 5.80 2.70 22.50 -14.50 percent [+]
Industrial Production Mom -1.20 4.90 22.10 -17.10 percent [+]
Manufacturing Production 1.90 0.30 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 526.41 725.00 750.00 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 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
49.40 50.30 52.50 37.10 2012 - 2019 Monthly

Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 45.60 Sep/19
France 50.30 Sep/19
Germany 41.40 Sep/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 51.00 Sep/19