CAIRO – 8 July 2020: Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, decreased 11.4 percent, recording LE 98.5 (primary) during April 2020, compared to LE 111.2 (final) during March 2020, the state's statistics body said. CAPMAS added that the index of the manufacture of rubber and plastics products climbed 12.6 percent, reaching 49.9 in April 2020 compared to 44.3 in March, due to an increase in sales of medical products made from rubber. On the other hand, the printing and reproduction of media industry index dropped 12.6 percent, reaching 75.2 during April 2020, compared to reaching 86.1 in March. CAPMAS attributed the decrease to the existence of compulsory leave in a number of companies due to the coronavirus and the suspension of the education process. The index of machinery and equipment not classified elsewhere hits 82.8 in April, down from 116.6 in March, with a decrease of 29 percent, due to quarantine applied on some companies and the stoppage of production lines in light of the coronavirus crisis.

Source: Egypt Today July 08, 2020 11:03 UTC