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Egypt’s manufacturing, extractive industries index shrinks 8.8% in April

Egypt’s manufacturing, extractive industries index shrinks 8.8% in April

Arab Finance: Egypt's manufacturing and extractive industries index (excluding crude oil and petroleum products) declined by 8.77% month-on-month (MoM) to 108.96 in April 2022 from 119.43 in March, according to a report released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on June 29th.

The ready-made clothing industry index grew by 8.48% MoM to 114.28 in April, while the beverages index dropped 25.08% MoM to 262.81.

Moreover, the vehicles industry index plummeted 36% MoM to 129.55 during April 2022.

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