Arab Finance: Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, rose by 2.24% month-on-month (MoM) to 112.43 points in November 2022 from 109.97 points, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The index of pharmaceuticals and chemical industries increased by 1.33% to 123.97 points in November, compared to 122.34 points in October, the state-run statistics agency revealed.

Meanwhile, the index of the ready-made garments industry surged by 6.86% to 111.05 points last November from 103.92 points a month earlier.

On the other hand, the index of electronics and optical instruments production declined by 11.24% to 82.57 points, compared to 93.03 points in October.

In addition, the index of paper production retreated 2.71% MoM to 76.45 points in November from 78.58 points.

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