Restaurants, Hotels, Suez Canal record highest revenues in Q1

CAIRO – 22 February 2018: The Central Agency for Public Mobilization and Statistics (CAPMAS) said in its monthly bulletin that the Restaurants and Hotels sector and the Suez Canal sector recorded the highest revenues among all sectors during the first quarter (Q1) of Fiscal year 2017/2018.

The bulletin showed that the revenues of the Restaurant and Hotel sector grew 50.8 percent in the first quarter of this fiscal year, recording LE 19.9 billion, compared to LE 13.2 billion in Q1 of 2016/2017.

The revenues of Suez Canal reached LE 12.2 billion, compared to LE 11.5 billion in Q1 of the prior year, with a 6.1 percent increase.

The bulletin showed that the revenues of the Service sector increased by 3.1 percent as it recorded revenues of LE 43.3 billion in the first quarter of 2017/2018, compared to LE 42 billion in the same period of 2016/2017.

Revenues of the Agricultural sector reached LE 125.1 billion, compared to LE 121.5 billion in Q1 of 2016/2017.

The Information Bulletin is a monthly statistical bulletin issued by the Central Agency for Public Mobilization and Statistics (CAPMAS). It includes various data on population, financial, economic and social indicators, among others.