Egypt's June PMI falls to lowest in nearly 3.5 years

Egypt's non-oil private sector witnessed its sharpest decline in nearly three-and-a-half years during June, with the S&P Global Egypt Purchasing Managers' Index (PMI) recording 46.0 from 47.1 in May, according to the latest PMI survey.

Marking the lowest since January 2023, the headline PMI remained below the neutral 50.0 threshold for the sixth consecutive month…