The S&P Global Egypt PMI was at 47.0 in May 2022, compared with 46.9 a month earlier. This was the 18th straight month of drop in private sector activity, with the gauge for output continuing to post below the neutral of 50.0, while new orders fell the most since June 2020. At the same time, employment shrank for the 7th in as many months, and backlogs of work dropped for the fourth month running. Delivery times worsened for the seventh straight month, as input buying continued to fall. On prices, input cost inflation accelerated to the highest print in six months, on the impact of the Ukraine war on commodity prices, as well as increased import costs due to supply shortages and a higher US dollar value. Selling prices, meantime, rose at a faster rate, but the uptick was only modest. Finally, sentiment slipped to the second-lowest on record after having reached an all-time low in March, due to concerns that inflationary pressures will limit business growth. source: Markit Economics

Manufacturing PMI in Egypt averaged 47.96 points from 2012 until 2022, 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 July of 2022.

Manufacturing PMI in Egypt is expected to be 46.70 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 50.00 points in 2023 and 51.00 points in 2024, according to our econometric models.

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Egypt Non-Oil Private Sector PMI



Related Last Previous Unit Reference
Manufacturing PMI 47.00 46.90 points May 2022

Egypt Non-Oil Private Sector PMI
In Egypt, The S&P Global 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.
Actual Previous Highest Lowest Dates Unit Frequency
47.00 46.90 52.50 29.70 2012 - 2022 points Monthly
SA

News Stream
Egypt Non-Oil Private Sector PMI Little Changed in May
The S&P Global Egypt PMI was at 47.0 in May 2022, compared with 46.9 a month earlier. This was the 18th straight month of drop in private sector activity, with the gauge for output continuing to post below the neutral of 50.0, while new orders fell the most since June 2020. At the same time, employment shrank for the 7th in as many months, and backlogs of work dropped for the fourth month running. Delivery times worsened for the seventh straight month, as input buying continued to fall. On prices, input cost inflation accelerated to the highest print in six months, on the impact of the Ukraine war on commodity prices, as well as increased import costs due to supply shortages and a higher US dollar value. Selling prices, meantime, rose at a faster rate, but the uptick was only modest. Finally, sentiment slipped to the second-lowest on record after having reached an all-time low in March, due to concerns that inflationary pressures will limit business growth.
2022-06-05
Egypt Non-Oil Private Sector Shrinks for 17th Month
The S&P Global Egypt PMI edged up to 46.9 in April 2022 from March's 21-month low of 46.5 while marking the 17th straight month of contraction, amid persistent supply issues and geopolitical tensions. Output fell sharply, and new orders shrank for the eighth month running that ran parallel with a drop in export sales. Also, firms continued to cut their buying activity and slashing employment at the fastest rate in a year. Meantime, many companies had a degree of spare capacity, as indicated by a modest fall in backlogs of work. At the same time, businesses reported longer wait times for inputs as some vendors were forced to delay deliveries. On inflation, input cost was strong and remained above the average in 2021, on the impact of war in Ukraine and a devaluation of the pound. However, selling prices went up the least since July 2021. Finally, sentiment improved from March's record low but stayed weak by historical standards, with firms expecting price pressures to remain severe.
2022-05-08
Egypt Non-Oil Private Sector PMI Down to 21-Month Low
The S&P Global Egypt PMI fell to 46.5 in March 2022 from 48.1 in the prior month, pointing to the lowest reading since June 2020. The latest print also marked the 16th straight month of contraction in the non-oil private sector, amid the effects of the war in Ukraine. Egyptian firms during the month suffered the worst declines in output, new orders and stocks of purchases since the first wave of the COVID-19 pandemic. At the same time, employment numbers fell for the fifth month running, but firms were able to reduce their backlogs of work for a second straight month. Meantime, purchases prices subsequently rose at a sharp pace that was much quicker than February's seven month low on the back of the 14% devaluation of the Egyptian pound on March 21st, while selling charges went up only modestly. Finally, sentiment hit its lowest since the series began in April 2012, due to mounting worries over inflation and a prolonged crisis in eastern Europe.
2022-04-05