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Standard & Poor

Non-oil sector’s PMI slips for 1st time in 2025, falling back into contraction territory

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.

Egypt’s non-oil private sector maintains growth momentum in February

Companies reported a sustained recovery in customer demand, marking the first consecutive improvement in business conditions in over four years.

Non-oil private sector shows strongest growth in over 4 years | PMI

Since November 2020, Egypt’s PMI has only recorded 50 or above twice – in August 2024 and now January 2025.

Egypt’s private sector shows signs of stabilization, PMI data shows

The softening of declines in business activity and new orders marks the least pronounced downturn in three months.

Egypt’s PMI sees slight uptick in October to 49 despite low confidence by non-oil businesses

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