Non-oil private sector hits 3.5-year low in June as conflict weighs on demand

· Egyptian market news

Non-oil private sector hits 3.5-year low in June as conflict weighs on demand

Egypt’s non-oil private sector saw its deepest contraction in over three years in June 47.1 in May latest survey (pdf)

Sales fell at the sharpest rate since November 2022.

The primary pressures:

We’re in a transition, not a slump:

Original source: enterpriseam.com

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