Egypt's manufacturing, extractive industries index slips over 3% MoM in October

Getty Images/Getty Images

The index recorded 111.79 last October, compared to 115.29 in September, the CAPMAS revealed

Staff Writer, Arab Finance

January 3, 2023

PHOTO

Egypt's manufacturing and extractive industries index (excluding crude oil and petroleum products) declined by 3.04% month-on-month (MoM) in October 2022, according to a press release by the Central Agency for Public Mobilization and Statistics (CAPMAS) on December 29th.

The index recorded 111.79 last October, compared to 115.29 in September, the CAPMAS revealed.

The appliances index dropped by 7.11% MoM to 116.85 in October, while the motor vehicle index plummeted by 16.66% MoM to 166.71 in the same month.

On the other hand, the pharmaceuticals, chemicals, and medicines index grew by 3.88% month-on-month (MoM) to 122.36 in October.

The clothes index increased by 6.04% to 114.25 in October from 107.74 in September.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.