The index, which excludes crude oil and petroleum products, recorded an increase in the production of basic metals by 31.98% to reach 77.67
Egypt’s manufacturing and extractive industries production index’s preliminary data revealed a decline of 8.44% to 99.33 (initial) in April 2023 from 108.49 (final) last March, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
The index, which excludes crude oil and petroleum products, recorded an increase in the production of basic metals by 31.98% to reach 77.67 compared to 58.85 in March 2023, CAPMAS explained.
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The production of transport equipment jumped by 8.11% to 128.60 in April 2023 from 118.95 in March during the same year.
Egypt’s production of electrical equipment saw a significant drop, declining by 25.73% to 103.61 last April, compared to 130.27 in March. CAPMAS attributed the fall to a lack of raw materials related to its production process.
On a monthly basis, the manufacture of basic pharmaceutical products and preparations retreated by 20.66% to 92.50 during April 2023 from 116.59.
