Egypt’s manufacturing, extractive industries index up 12% MoM in May

Egypt’s manufacturing, extractive industries index up 12% MoM in May

Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, recorded 105.64 in May 2023, up 12.04% month-on-month (MoM) from 94.29, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed.

The index of the beverages industry rose 17.64% to 330.17 in May from 280.67 in April, while the food industries index was up 2.99% MoM to 129.18 from 125.43 in April.

On the other hand, the index of basic metals industry dipped 1.79% to 57.21 in May from 58.25 in April, whereas the index of computer, electronics, optical, and medical devices industries saw a 1.63% MoM downtick to 74.07 from 75.3.

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