Production index for transformative, extractive industries falls9.7% in Jan.

CAIRO – 31 March 2019: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, decreased 9.7 percent, recording LE 121.78 (primary) during the January 2018, compared to LE 134.83 (final) during December 2018, the states' statistics body said.

The index of chemical materials and products industry recorded 144.36 during January 2019, compared to 137.24 in December 2018, with an increase of 5.2 percent, as a result of non-stop work- without vacations- and lower inventories, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).

CAPMAS added that the index of rubber and plastic products reached 77.06 in January 2019, compared to 39.29 in December 2018, with an increase of 96.1 percent due to the presence of export contracts.

The index of the food industry reached 93.05 in January 2019, compared to 144.49 in December 2018, reaching 144.49, with a decrease of 35.6 percent, according to the availability of raw materials, lack of liquidity and the low quantity of ground wheat.

CAPMAS also pointed that the index of ready-made garments fell 12.7 percent, reaching 296.67 during January 2019, compared to 339.94 in December 2018 due to the decline of export contracts.