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1.6% decrease in index of manufacturing during December 2016: CAPMAS - Daily News Egypt

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1.6% decrease in index of manufacturing during December 2016: CAPMAS

The index of manufacturing—not including crude oil and petroleum products—declined to 138.69 during December 2016 (primary), compared to 141.00 during November 2016 (final), registering a decrease of 1.6%. A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) on the metadata of the production index of manufacturing and extractive industries for …


The index of manufacturing—not including crude oil and petroleum products—declined to 138.69 during December 2016 (primary), compared to 141.00 during November 2016 (final), registering a decrease of 1.6%.

A recent report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) on the metadata of the production index of manufacturing and extractive industries for December 2016 showed that the total index for the manufacture of coke reached 31.96 during December 2016, compared to 24.41 during November 2016, an increase of 30.9%, because of the need to cover fuel for iron and steel plants.

The report added that the total index of manufacture of machinery and equipment reached 347.70 during December 2016, compared to 320.66 during November 2016, an increase of 8.4%, because of preparations for manufacturers’ adaptations for the summer season.

Moreover, the total index of other mining and quarrying reached 103.65 during December 2016, compared to 138.00 during November 2016, a decrease of 24.9%, because of lower production according to the needs of the local and export market.

The report stated that the total index for manufacture of other non-metallic mineral products reached 132.72 during December 2016, compared to 137.80 during November 2016, a decrease of 3.7%, because of a reduced demand for products, especially in the ceramic tiles industry.

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https://wwww.dailynewssegypt.com/2017/02/18/1-6-decrease-index-manufacturing-december-2016-capmas/
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