The index for manufacturing and extractive industries, excluding crude oil and petroleum products reached 96.70 during October 2023 compared to 100.71 during September 2023
The index for manufacturing and extractive industries, excluding crude oil and petroleum products reached 96.70 during October 2023 compared to 100.71 during September 2023 marking a drop of 3.98%, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
On the other hand, the index of electronics decreased by 1.73% in October to 110.56 from 112.51, while the index of the pharmaceutical, chemical and medicinal products decreased 2.65% in October to 112.44 from 115.50 in September.
CAPMAS also recently reported that Egypt's exports declined by 22% during the initial nine months of 2023, registering $30.8 billion compared to $39.4 billion in the same period in 2022.
CAPMAS reported that Egyptian imports saw a 21% yearly decrease, amounting to $58.5 billion, in contrast to $74 billion for the same period in 2022.
