Production index for transformative, extractive industries dips 0.6% in Dec.

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Mon, 09 Mar 2020 - 10:18 GMT

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Mon, 09 Mar 2020 - 10:18 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) - CC

The Central Agency for Public Mobilization and Statistics (CAPMAS) - CC

CAIRO – 9 March 2020: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, decreased 0.6 percent, recording LE 132.8 (primary) during December 2019, compared to LE 133.57 (final) during November 2019, the state's statistics body said.

The index of ready-made clothes hiked 9.6 percent, recording 334.51 in December, up from 305.20 in November 2019, according to supply contracts.

The Central Agency for Public Mobilization and Statistics (CAPMAS) added that the index of pharmaceutical and chemical products increased to 252.65 in December, up 5.7 percent from 239.11 for November, due to the increase in demand and sales.

On the other hand, the beverage industry index reached 176.52 during December 2019 compared to reaching 212 in November, marking a decrease of 16.7 percent due to the introduction of the winter season and the decrease in supply contracts.

The index of electrical appliances industry was 66.98 during December 2019 compared to 68.29 in November, recording a decrease of 1.9 percent, due to the market situation and seasonal production.

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