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HomeBusinessEgypt’s non-oil economy suffers deepest downturn in 3.5 years as demand collapses

Egypt’s non-oil economy suffers deepest downturn in 3.5 years as demand collapses

article author: Arab News Tue, 2026-07-07 10: 50 RIYADH: Egypt’s non-oil private sector contracted at its sharpest pace in nearly three-and-a-half years in June as demand weakness intensified and supply disruptions persisted, data showed. The headline S&P Global Egypt Purchasing Managers’ Index fell to 46 in June from 47. 1 in May, marking a sixth straight month below the neutral 50 threshold and the lowest reading since January 2023. Main category: Business & Economy Tags: Egypt economy Egypt PMI

Read full story on Arab News Pk

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