Egypt’s manufacturing, extractive industries index up 2.74% MoM in July

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The index of the textile industry surged 30.94% MoM in July to 195.71 from 149.46

Staff Writer, Arab Finance

October 14, 2024

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Gezira island on the Nile at sunset, exclusive aerial view of Cairo, Egypt. Getty Images Image for illustrative purpose

Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, recorded 112.55 in July 2024, up by 2.74% month on month (MoM) from 109.55 in June, according to a press release by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The index of the textile industry surged 30.94% MoM in July to 195.71 from 149.46, while the index of rubber and plastic products increased by 26.87% MoM to 80.94 from 63.8 in June.

On the other hand, the index of tobacco products saw a 14.56% monthly decline in July to 108.26 from 126.7, while the index of wood and cork products, excluding furniture, went down 14.6% MoM to 35.17 from 41.18 last June.

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