Egyptian Businesses Increase Focus on Economic Forecasting and Consumer Demand

Egypt's non-oil private sector experienced renewed pressure as the Purchasing Managers' Index fell to 47.2 in September from 49.6 in August. The decline reflected weaker output and new orders, increasing the importance of demand forecasting, pricing analysis and business performance monitoring. Commercial operators require predictive models to assess customer demand, pricing and investment conditions. HPC applies econometric forecasting and business-intelligence platforms to help companies optimise commercial allocations for an investment of $530,000.