Production index for transformative, extractive industries rises 4.7% in May

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Sun, 21 Jul 2019 - 01:42 GMT

BY

Sun, 21 Jul 2019 - 01:42 GMT

FILE – CAPMAS

FILE – CAPMAS

CAIRO – 21 July 2019: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, increased 4.7 percent, recording LE 138.6 (primary) during May 2019, compared to LE 132.43 (final) during April 2019, the state's statistics body said.

The index of printing and cloning industry rose 12.5 percent, recording 174.43 during May 2019, compared to 155.1 in the prior month, due to higher supply contracts.

The Central Agency for Public Mobilization and Statistics (CAPMAS) added that the index of chemical products and materials’ industries increased by 21.7percent during May 2019, compared to 129.84 points in April 2019,due to the increase in the production of fertilizers to cover the needs of the agricultural season and to meet the needs of the market of industrial detergents and personal care products.

Meanwhile, the index of ready-made garments industry reached 241.85 in May 2019, compared to 326.216 in April 2019, with a decrease of 25.9 percent, due to the end of covering the needs of the summer and holidays and the absence of supply contracts currently.

CAPMAS also stated that the index of machines and equipment industry declined 51.5 percent, reaching 202.63 points in May 2019, compared to 417.54 in April 2019, due to the decrease in working hours during the month of Ramadan and the decrease in supply contracts.

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