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Egypt’s manufacturing index falls 11.4% in April – CAPMAS

Egypt’s manufacturing index falls 11.4% in April – CAPMAS
The rubber and plastic manufacturing index increased by 12.6%

Cairo – Mubasher: Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, dropped by 11.4% month-on-month (MoM) to an initial 98.5 in April from 111.2 in March.

The mining and quarrying manufacturing index rose by 15.9% to 199.3 in April from 172.0 a month earlier, despite the coronavirus pandemic, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement on Wednesday.

Meanwhile, the rubber and plastic manufacturing index increased by 12.6% MoM to 49.9 from 44.3 in March, due to the growth in sales of rubber-made medical supplies.

On the other hand, the index of printing and reproduction of recorded media declined by 12.6% to 75.2 in April from 86.1 in March.

Additionally, the index of machinery and equipment fell by 29.0% MoM to 82.8 in April from 116.6.