Egypt’s Purchasing Managers’ Index (PMI) Records 50.1 Points in February
S&P Global has released its monthly report on Egypt’s Purchasing Managers’ Index (PMI), which measures the performance of the non-oil private sector. The data indicates continued improvement in business conditions during February 2025, although the index recorded 50.1 points, slightly lower than 50.7 points in January, which was the highest level in 50 months.
PMI Performance Analysis
The report confirmed that Egypt’s non-oil private sector continued to improve in February, benefiting from the positive momentum recorded at the beginning of the year. Companies reported an ongoing recovery in client demand, marking the first consecutive improvement in business conditions in over four years.
The report also highlighted that higher demand led to a strong increase in purchasing activity among non-oil private sector companies, recording the largest rise in three and a half years. However, output levels remained stable, and employment numbers declined slightly.
This report reflects the gradual recovery of Egypt’s non-oil private sector, despite some ongoing market challenges. The increase in demand and purchasing activity are positive indicators that could support economic growth in the coming period, particularly as businesses continue to monitor market trends and developments.
