The S&P Global Egypt Purchasing Managers' Index (PMI) decreased to 48.8 in September 2025, down from 49.2 in August. This points to the most significant contraction in the non-oil private sector activity since June and represents the sixth consecutive month of decline. The downturn is attributed to a sharper contraction in new sales, resulting from subdued economic conditions, increased prices, and escalating wage pressures.