Activity in Egypt's non-oil private sector contracted in November for the f...
CAIRO - Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its lowest since September 2017, a survey showed on Tuesday.
The PMI’s decline from October to November was the biggest since May, when the index slipped back into contractionary territory after a brief expansion in April. Output shrank for a fourth month, with the rate of decline strengthening “as businesses sought to limit activity due to a drop in new orders”, the report said.
“The downturn was extended to foreign orders, with firms noting weakness in key export markets,” Owen said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Nov factory activity unexpectedly expands at quickest pace in almost three years - Caixin PMIChina's factory activity unexpectedly expanded at the quickest pace in almo...
Read more »
UK manufacturers cut jobs at fastest rate since 2012: PMIBritish manufacturers cut jobs last month at the fastest rate since 2012, a surv...
Read more »
Chinese manufacturing rallied to at least an 8-month high in NovemberA state survey returned its strongest reading since March, while a private poll signaled the sector expanded at its fastest rate in three years.
Read more »
The raging protests in Hong Kong have its retail sector shrinking the most in history - Business InsiderThe value of retail sales dropped 24% in October from the same period last year, according to government data released Monday.
Read more »
A private survey shows China's manufacturing activity expanded more than expected in NovemberA private survey showed China's manufacturing activity expanded more than expected in November as the Caixin/Markit manufacturing Purchasing Managers' Index (PMI) came in at 51.8
Read more »
Hong Kong’s Retail Sales Suffer Worst Drop on Record, as Protests PersistHong Kong’s retail sector is shrinking at a record pace, piling fresh pressure on an economy already in a steep recession amid six months of antigovernment protests.
Read more »