Egypt’s manufacturing, extractive industries index up in Jan. ’25

Egypt’s manufacturing and extractive industries index (excluding crude oil and petroleum products) showed a notable 0.59 per cent increase to 118.92 in January from 118.22 in December, the Central Agency for Public Mobilisation and Statistics (CAPMAS) reported on Thursday.

The updated index methodology, implemented since January 2020, utilises the base year 2012/2013 and aligns with the International Standard Industrial Classification (ISIC Rev.4). It also incorporates the monthly producer price index for improved accuracy.

Industries Showing Growth

Food Products: In January, the index rose to 147.54 from 115.57 in December, representing a 27.67 percent increase driven by higher demand for dairy products and oils.

Beverages: The index rose to 342.06 in January from 278.25 in December, marking a 22.93 per cent increase in response to market needs.

Industries Facing Declines

Leather Products: The index fell to 39.37 in January, down from 54.01 in December, registering a 27.11 per cent decrease according to market demand.

Pharmaceutical, Chemical, and Drugs: The index dropped sharply to 121.67 in January, from 157.93 in December, representing a 22.96 per cent decline attributed to market needs.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama