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. source: Markit Economics

Manufacturing PMI in Egypt averaged 47.92 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 June of 2021.

Manufacturing PMI in Egypt is expected to be 48.00 points 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 49.80 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
48.60 47.70 52.50 29.70 2012 - 2021 points Monthly
SA


News Stream
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 Lowest in 10 Months
The IHS Markit Egypt PMI dropped to 47.7 in April 2021 from 48.0 a month earlier. This was the fifth straight month of contraction in the non-oil private sector and the steepest since June 2020, amid the prolonged impact of COVID-19 disruptions. New business fell for the fifth month in a row, with the pace of drop broadly unchanged from March's nine-month record. A similar trend was also seen for new orders while purchasing activity was also lowered with a number of companies putting buying decisions on hold and utilizing existing stocks. Meanwhile, export sales grew solidly, amid an improvement across global markets. Firms reported a slowdown in supplier performance for the fifth month running, although the latest drop softened from March and was slight. Prices data showed input costs rose sharply, forcing many businesses to raise their selling charges, although the increase was notably softer than for input prices. Finally, the degree of optimism slipped below the series average.
2021-05-06
Egypt Non-Oil Private Sector PMI Lowest in 9 Months
The IHS Markit Egypt PMI dropped to 48.0 in March 2021 from 49.3 a month earlier. This was the fourth straight monthly contraction in the non-oil private sector and the steepest since June 2020, amid coronavirus disruptions. New business fell for a fourth straight month, output shrank at the sharpest rate since last June, and export sales declined for the first time in three months. At the same time, employment was reduced further, extending the run of job losses to almost 1-1/2 years; while backlogs of works fell for the third month in a row. Buying levels dropped markedly, and firms experienced the worst delay to input deliveries since last June. As for prices, input cost rose the least in nine months, leading to another subdued rise in output prices. Lastly, business expectations strengthened and were almost level with last July's 29-month high, amid optimism surrounding a wider COVID-19 vaccination rollout.
2021-04-05
Egypt Non-Oil Private Sector Shrinks for 3rd Month
The IHS Markit Egypt PMI increased to 49.3 in February of 2021 from 48.7 a month earlier. The latest reading marked the third straight month of contraction in the sector, although the smallest contraction in the current sequence, reflecting extended falls in output and new business, amid the coronavirus pandemic. Both output and new orders shrank at the softest pace in three months, with exports grew at the fastest pace on record. Meanwhile, the job shedding eased to the weakest in 16 months. On the price front, input prices inflation slowed to the weakest since last September, due mainly to a rise in prices of metals, while selling charges rose at the slowest pace in seven months an only fractionally overall. Finally, business sentiment worsened.
2021-03-03

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.