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The headline seasonally adjusted S&P Global Egypt Purchasing Managers' Index (PMI) rose to 49.5 from 48.5 in April, remaining below the 50.0 threshold that separates growth from contraction.
A streak of bad news has been hitting Egypt for the last month, but the economy is showing its resilience to internal and ...
Egypt's non-oil private sector experienced a further decline in business conditions in June, with contractions in output and ...
Cairo — Egypt’s economy expanded by 4.77% in the third quarter of its 2024/25 fiscal year, ... reversing a 3.9% contraction during the same period the previous year.
The median forecast in the April 9-23 poll of 17 economists was for gross domestic product (GDP) to grow 3.8% in the current fiscal year that ends on June 30, down from 4.0% predicted in a similar ...
The ISM (Institute for Supply Management) Manufacturing PMI registered 48.7% in April, indicating contraction at a faster rate when compared to the March reading of 49%. “Of the five subindexes that ...
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