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Egypt's industrial production index up 4.8% in Q1

Egypt's industrial production index up 4.8% in Q1
Photo Credit: Arabianeye - Reuters

Cairo - Mubasher: Egypt's Industrial Production index (without crude oil and petroleum products) increased 3.8% to EGP 88.3 billion in the first quarter of 2015, compared with EGP 85.1 billion a year earlier.

The index went up 4.8% Q-o-Q to EGP 88.3 billion, according to Central Agency for public mobilization and statistics (CAPMAS).

The activities of the petroleum products and the coal coke came in the first place as they contributed by 18.2% in the industrial production value, followed by the food products with 14.5% and the iron and steel with 6.7%.

Meanwhile, total index for manufacture of machinery and equipment products reached EGP 9.5 billion in Q1, up 2.8% Q-o-Q from EGP 9.2 billion and 5.1% Y-o-Y from EGP 9 billion.