Production index for transformative, extractive industries rise 15.1% in March

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Wed, 22 May 2019 - 11:32 GMT

FILE - CAPMAS

FILE - CAPMAS

CAIRO – 22 May 2019: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, hiked 15.1 percent, recording LE 142.80 (primary) during March 2019, compared to LE 124.10 (final) during February 2019, the state's statistics body said.

The index of food products industry rose 16.6 percent, recording 108.72 during March 2019, compared to 93.22 in the prior month due to higher contracting and supply and higher quantity of ground wheat.

The Central Agency for Public Mobilization and Statistics (CAPMAS) added that the index of the industry of ready-made garments recorded 457.91 in March 2019 compared to 287.43 in February 2019, with an increase of 59.3 percent due to the increased export contracts.

Meanwhile, the index of Mining and other quarrying industry reached 125.35 in March 2019, compared to 170.95 in February 2019, reaching 170.95, with a decrease of 26.7 percent, as a result of the stoppage of exporting salt during the summer.

CAPMAS also stated that the index for furniture industry reached 67.23 in March 2019 compared to February 2019, reaching 78.92, with a decrease of 14.8 percent due to the decline in demand and the market situation.

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