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Egypt’s manufacturing, extractive industries contract by 3.86% in September

Egypt’s manufacturing and extractive industries (excluding crude oil and petroleum products) contracted by 3.86 percent on a monthly basis in Sep.
28.11.23 | Source: Ahram Online

The data released on Monday showed that the manufacturing and extractive industries index reached 100.86 points in September, its lowest level since April.

The decline in the index was driven by a 12.16 percent monthly drop in electrical equipment production in September and a 25.63 percent monthly plunge in transport equipment output.

On the other hand, the production of pharmaceuticals increased by 3.07 percent monthly and the paper products output rose by 2.32 percent.