Business - Markets & Companies

Egypt’s PMI for non-oil private sector stands at 48.7 in November, activity drops for 3rd consecutive month

Egypt’s purchasing managers’ index (PMI) for the non-oil private sector maintained at 48.7 in November, indicating a moderate deterioration as it is still below the 50 neutral mark for 12 successive months, IHS Markit announced on Sunday.

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Egypt’s PMI for non-oil private sector stands at 48.7 in November, activity drops for 3rd consecutive month