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.

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Egypt Non-Oil Private Sector PMI

Actual Previous Highest Lowest Dates Unit Frequency
49.80 49.10 52.50 29.70 2012 - 2021 points Monthly
SA


News Stream
Egypt Private Sector PMI Rises
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.
2021-09-05
Egypt Non-Oil Private Sector Deteriorates Again
The IHS Markit Egypt PMI fell to 49.1 in July 2021 from a seven-month high of 49.9 a month earlier, amid the continued impact of the coronavirus pandemic, with both output and demand falling for the seventh time in eight months. Meantime, orders from foreign clients rose solidly as global economic conditions continued to improve; while employment gained for the first time since October 2019. Supply chains in the non-oil sector also improved after seven straight months of declining vendor performance. On the cost side, the influence of rising raw material prices, fuel costs, and employee wages on cost pressures lessened, as the rate of input price inflation eased to a four-month low and selling price inflation softened to a four-month low. Lastly, sentiment towards future output levels continued to exceed the series average on hopes that the pandemic will end.
2021-08-03
Egypt Non-Oil Private Sector Stabilizes
The IHS Markit Egypt PMI increased to 49.9 in June 2021 from 48.6 a month earlier. This was the highest reading since November 2020, as COVID-19 measures eased. Both output and new orders grew for the first time in seven months; while export sales expanded the most since February, with firms often noting a rise in tourist numbers as foreign travel opened up. At the same time, the recent drop in buying activity came to a near standstill, helping firms keep inventories unchanged for the first time in six months and continue to slowly reduce backlogs of work. Meanwhile, employment numbers fell further, though some firms hired new workers. On the cost front, input prices rose the most since August 2019, amid a sharp uptick in raw material prices. Despite this, output charges increased marginally as many firms opted to absorb part of the burden to support new business growth. Finally, sentiment weakened from May's recent high, but was still stronger than the survey average.
2021-07-06
Egypt Non-Oil Private Sector Shrinks the Least in 4 Months
The IHS Markit Egypt PMI increased to 48.6 in May 2021 from 47.7 a month earlier. This was the sixth straight month of contraction in the non-oil private sector but the smallest contraction since January, amid the prolonged impact of COVID-19 disruptions. Output continued to fall, but contraction eased to three-month low. At the same time, new order inflows decreased for the sixth month in a row but to the least extent since February. Meanwhile, employment continued to decline, with the job shedding eased from the start of the second quarter, however. Prices data showed input costs rose at the second quickest pace since September 2019, following April's recent peak, while selling charges increased only modestly. Finally, the degree of optimism strengthened to the highest since February 2018.
2021-06-03

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.