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Egypt's non-oil private sector contracted at its fastest pace in March due to the Middle East war.
Egypt's non-oil private sector contracted at its fastest pace in nearly two years in March, with a purchasing managers' index falling to 48.0.
Businesses cited the ongoing Middle East war for reduced demand and rising costs, causing output and new orders to hit near two-year lows.
While input prices surged, pushing up selling prices, analysts projected continued annual GDP growth.
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El sector privado no petrolero de Egipto se contrajo a su ritmo más rápido en marzo debido a la guerra de Oriente Medio.