PHOTO
A factory employee works in a thread spinning factory in Cairo, Egypt, July 5, 2018. Mohamed Abd El Ghany, Reuters
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, recorded 107.61 in March 2024, up by 5.28% month on month (MoM) from 102.21 in February, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed.
The index of ready-made garments surged 48.48% MoM in March to 184.17 from 124.04, while the index of leather products increased by 23.93% MoM to 39.78 from 32.1 in February.
On the other hand, the index of electronics saw a 16.63% monthly decline in March to 87.02 from 104.38, while the index of vehicles with engines went down 5.75% MoM to 157.63 from 167.24 last February.
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