The IHS Markit Egypt PMI inched up to 49.8 in August 2021 from 49.1 a month earlier, as both output and new orders grew for second time in three months, amid a rebound in market activity and an increase in tourism numbers as travel reopened. As a result, employment levels rose for the second month running. On the cost side, input price inflation picked up to its highest level in two years, due to rising commodity prices such as metals, timber and plastics. As result, output price inflation accelerated to the fastest rate since August 2018, due to increasing commodity prices, transport costs and customs fees. Meanwhile, purchasing activity expanded for the first time in nine months and at the quickest pace since the series began in April 2011. Lastly, business sentiment remained stronger than its long run trend for the fourth month running. source: Markit Economics
Manufacturing PMI in Egypt averaged 47.97 points from 2012 until 2021, reaching an all time high of 52.50 points in November of 2013 and a record low of 29.70 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Manufacturing PMI in Egypt is expected to be 49.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 49.80 points in 2022 and 51.00 points in 2023, according to our econometric models.