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Egypts annual industrial index reaches LE414.7bn in 2016


Cairo: The value of Egypts annual industrial production, excluding crude oil and petroleum products, increased 17.3 percent, recording LE 414.7 billion during 2016, compared to LE 353.5 billion during 2015, the states statistics body said.
The Central Agency for Public Mobilization and Statistics (CAPMAS) clarified in the bulletin "The Annual Industrial Production of Private Sector Establishments for 2016” that the value of food industry production hiked 8.5 percent, amounting to LE 92.6 billion, compared to LE 85.3 billion in 2015.
Meanwhile, the value of production of the chemicals industry hit LE 42.9 billion, compared to LE 35.1 billion, with an increase of 22.1 percent, CAPMAS stated.
The report added that the value of production of manufacturing other non-metallic mineral products (such as glass, ceramics and cement) rose 21.4 percent, reaching LE 47.4 billion in 2016, compared to LE 39.1 billion in 2015.
The production index of food industries contributed to the industrial index by 15.5 percent, followed by steel, iron and metal industries by 8.1 percent, and pharmaceutical and chemical industry by 4 percent, according to CAPMAS.
During the first quarter of 2018, the value of Egypts industrial production, excluding crude oil and petroleum products, increased 32 percent, recording LE 168.5 billion during the first quarter of 2018, compared to LE 127.7 billion during the same quarter of 2017.
Time Added: 2018-12-05 09:28:54
Source: arabfinance
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