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September 05, 2023
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Egypt PMI 49.2 in Aug-23


- Egypt's manufacturing sector contracted in August 2023, with the PMI standing at 49.2 and no improvement from the previous month.
- Although the PMI has remained stable, it is slightly above the one-year average, indicating a modest performance compared to the past year.
September 01, 2023
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Egypt M2 money supply 24.38% y-o-y in Aug-23



- Egypt's M2 money supply grew by 24.38% year-on-year in August 2023, marking the highest rate since June 2023.
- Despite a small increase from the previous month, the current growth rate exceeds the long-run average by 8.34 percentage points.
August 03, 2023
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Egypt PMI 49.2 in Jul-23

- The Egypt PMI reached 49.2 in July 2023, marking a slight increase from the previous month and the highest level since August 2021. This indicates a slightly smaller contraction in the country's manufacturing sector.
- The PMI data suggests that the manufacturing sector in Egypt has shown resilience and is gradually recovering, supported by factors such as increased demand and a more favorable business environment.

August 01, 2023
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Egypt M2 money supply 24.36% y-o-y in Jul-23



- Egypt's M2 money supply grew at a slower pace of 24.36% year-on-year in July 2023, compared to the previous month's growth of 24.7%.
- This represents the lowest growth rate since August 2022 and indicates a deviation from the recent trend of higher money supply growth.

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