The manufacturing and extractive industries index (excluding crude oil and petroleum products) declined by 3.86% in September 2023, compared to the previous month, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The manufacture of basic pharmaceutical products and pharmaceutical preparations increased by 3.07%, reaching 118.28 in September 2023, up from 114.76 in August 2023. The manufacture of electrical equipment decreased by 12.16%, reaching 112.51 in September 2023, down from 128.09 in August 2023. The manufacture of transport equipment decreased by 25.63%, reaching 87.68 in September 2023, down from 117.90 in August 2023. The report also updated the index methodology using the base year 2012/2013, and applied the monthly index since January 2020.

Source: Daily News Egypt November 28, 2023 19:40 UTC