Industrial sector - Creative Commons Via_Pixabay/ Karin Karin
CAIRO – 6 June 2017: The industrial sector’s production value rose 11.3 percent in the third quarter of 2017, up from LE 84.8 billion ($4.6 billion) in Q3 2015, Egypt’s official statistics body said Tuesday.
In quarter-on-quarter calculations, the industrial production, excluding crude and refined petroleum, hiked 2.8 percent from LE 91.8 billion in Q2 2016, the Central Agency for Public Mobilization and Statistics (CAPMAS) noted in a statement.
The largest contribution in the industrial sector was reached by the coke and petroleum products sector, which represents 16 percent of the total industrial production value.
Shaping 13.2 percent, the food products sector came at the second position, followed by the iron and steel sector that contributed 6.1 percent to the industrial value.
As for the non-metallic products, such as bricks and glass-cement, the production value reached LE 9.2 billion in Q3 2016, up from LE 8.4 billion in Q3 2016, with 18 percent increase fueled for high demand for energy-intensive projects.
The production value of household appliances sector reached LE 3.2 billion in Q3, up, from LE 2.5 billion in Q3 2015, with 27.9 percent increase attributed to increased demand for products in that period.