2026.01.0605:35:11UTC+00Egypt Non-Oil Private Sector Growth Holds in December

In December 2025, the S&P Global Egypt PMI slightly decreased to 50.2 from 51.1 in November, indicating continued expansion in non-oil business activity for the second month in a row—a feat seen only twice in the last five years. Both output and new orders experienced gains, albeit at a slower pace compared to November. While production increased in the manufacturing and construction sectors, it declined within wholesale, retail, and service industries. Employment dipped for the first time in two months, pointing to a more cautious hiring approach. Additionally, input stocks continued to decrease for the third straight month due to persistent supply chain constraints. On the purchasing front, companies boosted their buying activities for the first time in ten months, driven by stronger demand. Input cost inflation remained low, with only a slight increase, and selling prices rose modestly. Overall, business sentiment remained cautious as firms adopted a prudent stance on growth amid mixed signals from demand.