#Joe Hayes
Egypt's non-oil private sector Purchasing Managers’ Index (PMI) increased to 49.1 in June, marking the highest level since August 2021, according to a report published by Standard and Poor's (S&P) Global. The Purchasing Managers Index (PMI) is an economic indicator that assesses the non-oil business conditions of a country by measuring various factors including production, employment, logistics, and trade. When the PMI score is below 50, it indicates a contraction in business conditions, while a score above 50 signifies an…
