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8.4% increase in manufacturing index during October: CAPMAS - Daily News Egypt

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8.4% increase in manufacturing index during October: CAPMAS

The manufacturing index (without crude oil and petroleum products) increased to 128.7 during October compared to 118.67 in September, registering an increase of 8.4%. A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) on the metadata of the production index for manufacturing and extractive industries for October showed that the …


The manufacturing index (without crude oil and petroleum products) increased to 128.7 during October compared to 118.67 in September, registering an increase of 8.4%.

A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) on the metadata of the production index for manufacturing and extractive industries for October showed that the total index for mining and quarrying reached 108.30 in October, compared to 54.89 during September, an increase of 97.3% due to high demand, particularly exports of coarse salt.

The report added that the total index for the manufacture of food products reached 140.59 during October, compared to 113.53 the previous month, an increase of 23.8 % due to the need to cover the needs of the market of oils and sugar glucose and export of agricultural products.

Moreover, the total index for manufacturing of other non-metallic mineral products reached 129.99 in October, compared to 91.19 the previous month, an increase of 42.5% due to increased demand, with a stable power supply and marketing offers on ceramic products.

The total index for the manufacture of textiles reached 81.05 in October, compared to 111.98 in September, a decrease of 27.6% due to low demand and the continuation of the textile sector’s problems.

 

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