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Egypt non-oil business activity slows for 11th month in August

Business activity in Egypt shrank for the 11th consecutive month during August as data for output, new orders, and employment deteriorated, with purchase prices rising sharply amid a hard currency shortage, a survey found on Monday. The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector was 47.0 points, down from July’s

The post Egypt non-oil Business Activity Slows for 11th month in August appeared first on News Africa Now.



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Egypt non-oil business activity slows for 11th month in August

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