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Manufacturing and extractive industries production index drops 12.61% in April | CAPMAS

According to new data by the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s furniture industry production index rose by 9.27% to an initial recording of 147.08 in April

By: Business Today Egypt

Thu, Jul. 4, 2024

Photo by Clayton Cardinalli on Unsplash

Egypt’s manufacturing and extractive industries production index slipped in April, declining by 12.61% to reach 95.54 during April 2024 (preliminary) compared to 109.33 in March 2024 (final). The index does not include crude oil and petroleum products.

According to new data by the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s furniture industry production index rose by 9.27% to an initial recording of 147.08 in April.

The beverage industry index was recording at 395.24, a jump of 12.07% compared to March’s 352.76.

CAPMAS also revealed that the food product industry’s index reached 123.72, declining 19.04% from March’s 152.81, which the statistics agency attributed to a shortage in raw material required.

The index for the pharmaceutical, chemical and medicinal preparations industry reached 78.27 during the month of April compared to the month of March 2024, where it reached 92.22, a decrease of 15.13%, also due to the unavailability of the raw materials needed.