Egypt’s industrial production rose 32 % in Q1 2018

Egypt’s industrial production, excluding crude oil and petroleum products, rose 32% year-on-year in the first quarter of 2018, according to the Central Agency for Public Mobilization and Statistics’ (CAPMAS) yearly bulletin.

The industrial production has registered 168.5 billion Egyptian pounds in January-March 2018 compared to 127.7 billion pounds  in the correspondent period 2017.

The value of food industries, iron, steel, and metal industries, and chemical and fertilisers industries made up 23 percent, 19.2%, and 9.8% respectively of the country’s industrial production, the CAPMAS highlighted.

The value of food industries registered  38.7 billion Egyptian pounds in Q2-18, compared to 33.3 billion pounds in Q2-17 with an increase of 16.2 percent.

The value of ready-made clothes rose by 47.3 percent to  record 4.3 billion in Q1-18, versus  2.9 billion in Q1-17.

The value of electronics and medical equipment industries fell 9.9 percent to register 1.5 billion in Q1-18, compared to EGP 1.6 billion in Q1-17.