The headline PMI, which measures business activity across the non-oil private sector, fell to 49.2 in March from 50.1 in February, signaling a mild contraction.
Companies reported a sustained recovery in customer demand, marking the first consecutive improvement in business conditions in over four years.
Since November 2020, Egypt’s PMI has only recorded 50 or above twice – in August 2024 and now January 2025.
The softening of declines in business activity and new orders marks the least pronounced downturn in three months.
The latest data from the S&P Global Egypt Purchasing Managers’ Index (PMI) sub-components painted a mixed picture, with only the output and new orders indices keeping the headline measure below the neutral mark
