Egypt's non-oil business conditions deteriorate further in June, PMI shows

Egypt’s non-oil business conditions deteriorate further in June, PMI shows

Egypt’s non-oil business conditions deteriorate further in June, PMI shows

Egypt's Non-Oil Business Conditions Deteriorate Further in June, PMI Shows

Egypt's non-oil business conditions deteriorate further in June, PMI shows

Egypt's non-oil private sector experienced a further decline in business conditions in June, with contractions in output and new orders accelerating, according to the latest S&P Global Purchasing Managers' Index (PMI) data released on Sunday.

Egypt’s non-oil private sector contracts in June as PMI falls to 48.8

RIYADH: Egypt’s non-oil private sector continued to contract in June, with the Purchasing Managers’ Index falling to 48.8 from 49.5 in May, as business confidence plunged to its lowest level on record. According to the latest S&P Global survey, this marked the fourth consecutive month below the neutral 50 threshold, signaling a continued deterioration in operating conditions.

Private Sector Shed 33,000 Jobs in June, Far Short of Market Estimates

This article was originally published  by The Epoch Times: Private Sector Shed 33,000 Jobs in June, Far Short of Market Estimates Hiring in the private sector contracted in June, marking the first decline since March 2023, which suggests the U.S. labor market’s softness may be accelerating. According to payroll processor ADP’s National Employment Report, private sector payrolls fell by 33,000 last month, down from May’s downwardly revised 29,000…

‘US private sector lost 33,000 jobs in June’