Central Agency for Public Mobilization and Statistics
CAPMAS further reported that the monthly inflation rate for February 2024 soared to 11.0 percent, compared to 1.7 percent in January 2024
Breaking down the specifics, iron and steel exports surged by 65 percent to reach $2.3 billion in 2023, compared to $1.4 billion in 2022
According to CAPMAS, Turkish investments in Egypt amounted to $167.2 million in the Fiscal Year 2022/2023 (FY22/23), marking a 7.1 percent decline compared to the previous FY21/22 when it reached $179.9 million
During the first 11 months of 2023, the value of Egyptian exports to Libya increased to record $1.6 billion, compared to $1.1 billion during the same period in 2022, an increase of 48 percent
CAPMAS also showed that Egypt’s exports decreased by 20.6 percent reaching $3.21 billion during November 2023 compared to $4.04 billion during the same month of the previous year
During the first 11 months of 2023, the volume of trade exchange between Egypt and Somalia Surged by 26.5 percent, to record $56.3 million, compared to $44.5 million during the same period in 2022
During the first 10 months of 2023, the total Egyptian agricultural exports reached $3.5 billion, compared to $2.8 billion during the same period in 2022
The latest data reveals a slowdown compared to the 2.9 percent growth witnessed in the fourth quarter of the fiscal year 2022/2023.
Egypt’s urban consumer price inflation (CPI) dropped to 33.7 percent in December from November’s 34.6 percent, while prices climbed 1.4 percent month-on-month in December compared to a rise of 1.3 percent the month prior
CAPMAS further indicated that Egypt's exports declined by 19.2 percent in October 2023, amounting to $3.23 billion, down from $4 billion in October 2022.
The manufacturing and extractive industries index, excluding crude oil and petroleum products reached 96.70 during October 2023 compared to 100.71 during September 2023
According to the data, the manufacturing and extractive industries registered a value of 100.86 in September 2023, showing a slight decline from the figure of 104.91 recorded in August 2023
According to CAPMAS, the total value of exports to COMESA countries reached $3,544 million during 2022,
The factory will be located in Robbiki Leather City, which is known for its expertise in leather tanning and manufacturing.
The Egyptian government remains committed to developing its production and export sector to boost annual exports to $100 billion within five years, and have placed an emphasis on stimulating investment across all sectors
Egypt’s annual inflation rate declined to 38 percent in September, from August’s recorded 39.7 percent, CAPMAS revealed
Egypt’s production index of manufacturing and extractive industries for June (excluding crude oil and petroleum products) reached 103.21 in June 2023, dropping by 1.43 percent compared to 104.71 in May 2023
The value of natural and liquefied gas exports declined by 12.2 percent to $1.33 billion during the same period in 2023, compared to $1.52 billion in January and February 2022
On a monthly basis, inflation recorded 166.5 points in March 2023, recording a 3.2 percent increase compared to March 2023, according to the state-statistic body’s data.
The index of the food products industry increased by19.3 percent during last January to reach 155.21, compared to 130.4 points in the previous December, in order to increase production to cover the needs of the market with the advent of the Ramadan season.
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