Financial News: Egypt Non-oil Private Sector Downturn Eases In October

Egypt Non-oil Private Sector Downturn Eases In October

11/04/2025 - 02:00:00 (RTTNews)

(RTTNews) - Egypt's non-oil private sector contracted at a slower pace in October, survey results from S&P Global showed on Tuesday.

The Purchasing Managers' Index rose to 49.2 in October from 48.8 in September. However, any reading below 50 indicates contraction in the sector.

Among components, production volumes declined at the slowest pace in eight months. Improving marketing conditions also helped a weaker drop in new orders in October.

In line with easing decline in new orders, companies showed more positive trends in purchasing, employment, and activity expectations. Workforce numbers increased, and the rate of job creation was minimal overall.

On the price front, input price inflation rose to a five-month high amid higher wage costs along with greater supplier prices and fuel costs. Nonetheless, the selling price inflation eased slightly since September.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Drops To Near-Record Low In November (03 hr(s), 42 min(s), 02 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has deteriorated by much more than anticipated in the m ...Full Story»

Brazil Producer Prices Fall 0.25% In September (04 hr(s), 59 min(s), 02 sec(s) ago)
(RTTNews) - Brazil's producer prices continued their falling trend in September, figures from ...Full Story»

Iceland Trade Gap Narrows In October (05 hr(s), 23 min(s), 02 sec(s) ago)
(RTTNews) - Iceland's foreign trade deficit decreased in September from a year ago as imports ...Full Story»

Slovakia Trade Surplus Rises In September (06 hr(s), 44 min(s), 02 sec(s) ago)
(RTTNews) - Slovakia's foreign trade surplus increased notably in September from a year ago as ...Full Story»

French Trade Gap Widens In September (07 hr(s), 08 min(s), 02 sec(s) ago)
(RTTNews) - France's trade deficit increased in September as growth in imports exceeded the in ...Full Story»

German Exports Log Strongest Growth In 10 Months (07 hr(s), 27 min(s), 02 sec(s) ago)
(RTTNews) - Germany's exports rebounded in September as demand from the US increased for the f ...Full Story»

Denmark Industrial Production Grows 8.0% In September (07 hr(s), 32 min(s), 02 sec(s) ago)
(RTTNews) - Denmark's industrial production rebounded sharply in September on the back of the ...Full Story»

Czech Retail Sales Growth Eases To 2.6% (08 hr(s), 36 min(s), 02 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth eased unexpectedly in September after acc ...Full Story»