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Source:
مصراوي
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Egypt private sector contracts in September
The non-oil private sector in Egypt contracted in September 2026, after reaching its highest level in seven months in August, due to a sharp deterioration in business conditions and a significant decline in production and sales. Data from the Purchasing Managers’ Index (PMI) indicated that the index dropped to 47.2 points, ending the period of growth and remaining below the 50-point threshold, reflecting an accelerated decline in operating conditions. Contributing factors included a decline in new orders and a slowdown in production owing to market deterioration, geopolitical disruptions, and high inflationary pressures. On another note, companies continued to reduce their procurement and inventory levels, while outstanding business remained elevated. Employment saw a slight increase for the second consecutive month to boost operational capacity. Additionally, rising costs prompted firms to raise product prices sharply, despite production price inflation decreasing to its lowest in eight months. While optimism about future activity persisted, confidence compared to the previous month slightly declined.
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