The total industrial production value (excluding crude and refined petroleum) reached EGP 91.8bn during the second quarter of 2016 (April-June) compared to EGP 94.2bn in the first quarter of 2016, marking a decrease of 2.6%. The production value in the second quarter of 2015 was estimated at EGP 93.9bn, registering a decrease of 2.3% year-on-year (Y-O-Y). The quarterly bulletin of industrial production across the public business and private sectors prepared by the Central Agency for Public Mobilization and Statistics (CAPMAS) indicated that coke and petroleum production represent the most important economic activity, contributing to 17.8% of the industrial production value, followed by industrial food production at 15.2%, and industrial iron and steel production at 5.4%. Meanwhile, the production value was at EGP 23.2bn in the second quarter of 2015—an increase of 2.1%—due to the unavailability of crude oil. The industrial production value was at EGP 4.9bn in the second quarter of 2015—marking an increase of 3.8%—due to bringing production lines for maintenance back and adding a new product.

Source: Daily News Egypt March 20, 2017 11:03 UTC