Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) has revealed that the country saw a 0.7% decrease in its manufacturing and extractive index in January 2021.
The data was reported in a press release of primary data of manufacturing and extractive industries of production index of January 2021.
The manufacturing and extractive industries index, excluding crude oil and petroleum products, reached 99.59 (primary data) during January 2021, compared to 100.32 during December 2020 (final), reflecting a decrease of 0.7%.
The manufacture of food products reached 145.20 during January 2021, compared to the 119.57 reported in December 2020, reflecting an increase of 21.44%. This is due to the increasing demand for food products with the advent of the blessed month of Ramadan.
The manufacture of computer, electronic, and optical products reached 85.00 during January 2021, compared to the 72.53 reported in December 2020, an increase of 17.19%. This rise reflects the market needs of medical devices due to the repercussions of the novel coronavirus (COVID-19) pandemic.
