The Emirates NBD Egypt PMI fell to 48.2 in May 2019 from 50.8 in April, signalling a moderate deterioration in the health of sector after a slight improvement in the prior month. Output declined slightly, ending the brief upswing recorded in April. Also, new orders contracted at a moderate rate, following a two-month period of rising demand, but export orders extended its run of decline to nine months, amid reports of a lack of foreign contracts. In addition, employment fell and the fastest pace since October 2017. On the price front, input inflation accelerated amid higher prices of metals, foodstuff, petrol, electricity and water bills but was weaker than through most of the survey history. Meanwhile, output prices were cut for the fourth time in five months. Finally, expectations toward future output weakened slightly in May, as falling output weighed on business sentiment. Manufacturing PMI in Egypt is reported by Markit Economics.

Manufacturing PMI in Egypt is expected to be 49.80 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 50.20 in 12 months time. In the long-term, the Egypt Non-Oil Private Sector PMI is projected to trend around 50.80 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 48.20 50.80 52.50 37.10 [+]
Industrial Production 2.50 0.60 22.50 -14.50 percent [+]
Industrial Production Mom 4.60 -0.90 22.10 -17.10 percent [+]
Manufacturing Production -1.10 2.40 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 725.58 706.40 727.44 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.20 50.80 52.50 37.10 2012 - 2019 Monthly
SA




Country Last Previous
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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