Egypt dropped for the 11th month straight in August in the Purchasing Managers' Index (PMI), according to a report by Emirates NDB and Markit IHS. Emirates NDB, in consort with Markit IHS, released their Markit PMI, which surveys the health of private, non-oil sectors by measuring new orders, output, employment, and suppliers' delivery times. The country's PMI in July was 48.9, very close to the break-even score of 50.0 indicating neither a contraction nor an expansion, showing that Egypt was quickly approaching an end in its private sector recession. However, this score has fallen to 47 as a result of downturns in output, declines in new orders, sharply rising costs, material shortages, and the fastest rate of increasing unemployment since the Markit PMI survey began five and a half years ago.