The IHS Markit Egypt PMI was down to a five-month low of 48.7 in October 2021 from 46.9 in the previous month, amid a widening of the supply chain crisis. A lack of inputs led to a solid contraction in output and the sharpest increases in both costs and charges for just over three years. Meantime, export sales fell the most in 17 months on the back of a marginal drop in new orders as many firms continued to report an improvement in sales, particularly in tourism hotspots. On the positive side, employment numbers picked up to the greatest extent in two years. Despite this, backlogs of work increased for the third time in four months, on input shortages. Finally, confidence weakened substantially after climbing to a record high in September, due to concerns that high inflation could lead to a slump in demand and reverse the economic recovery. source: Markit Economics

Manufacturing PMI in Egypt averaged 47.99 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 December of 2021.

Manufacturing PMI in Egypt is expected to be 50.70 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 50.50 points in 2022 and 51.00 points in 2023, according to our econometric models.

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Egypt Non-Oil Private Sector PMI


Related Last Previous Unit Reference
Manufacturing PMI 48.70 48.90 points Oct/21

News Stream
Egypt Non-Oil Private Sector PMI Lowest in 5 Months
The IHS Markit Egypt PMI was down to a five-month low of 48.7 in October 2021 from 46.9 in the previous month, amid a widening of the supply chain crisis. A lack of inputs led to a solid contraction in output and the sharpest increases in both costs and charges for just over three years. Meantime, export sales fell the most in 17 months on the back of a marginal drop in new orders as many firms continued to report an improvement in sales, particularly in tourism hotspots. On the positive side, employment numbers picked up to the greatest extent in two years. Despite this, backlogs of work increased for the third time in four months, on input shortages. Finally, confidence weakened substantially after climbing to a record high in September, due to concerns that high inflation could lead to a slump in demand and reverse the economic recovery.
2021-11-03
Egypt Private Sector PMI Falls to 4-Month Low
The IHS Markit Egypt PMI declined to a four-month low of 48.9 in September 2021 from 49.8 a month earlier, as both output and new orders fell slightly, due to weaker customer demand. In particular, sales to foreign customers dropped sharply and for the first time since March. Meanwhile, employment levels rose for the third successive month, although the rate of job creation remained mild as some companies struggled to find staff replacements. On the cost side, input price inflation picked up to its highest level in just under three years, due to rising raw material prices and a renewed increase in staff costs. Meanwhile, output price inflation eased to a moderate pace that was broadly in line with the survey's long-run trend. Meanwhile, purchasing activity continued to rise, although the pace of increase slowed from August. Lastly, business sentiment at a record high, as optimism grew that the economy will recover from the COVID-19 pandemic over the next 12 months.
2021-10-05
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 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.