Index of manufacturing industries up 0.9% MoM in July

CAIRO – 24 Septemeber 2017: The manufacturing industries index, excluding crude oil and petroleum products, inched up 0.9 percent to 108.78 in July 2017, compared to 107.85 in June 2017, state official statistics body CAPMAS revealed Sunday.

The statistics body attributed the increase to higher production of some industrial activities, especially readymade garments and beverages.

The beverage industry index advanced 48.5 percent to 189.33 month-on-month in July 2017 compared to 127.50, due to higher production of mineral and carbonated water.
Readymade garments index reached 203.72 in July 2017, up from 159.73 in June 2017, with a 27.5 percent increase.

On the other hand, the index of mining fell to 96.10 compared to 124.35 in June, losing 22.7 percent, CAPMAS added.

The index of manufacturing computers, electronics, optical and medical products reached 177.16 during July 2017, compared to 222.69 in June 2017, recording a decrease of 20.4 percent, due to a decline in the number of contracts.