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FINANCIAL NEWS
Industrial production value drops by 9.2 percent in Egypt
24 Mar 2016
(MENAFN) The value of industrial production in public and private sector firms fell down in Q3 of 2015 by almost 9.2 percent compared to Q2 of the same year.
Accordingly, this value, without petroleum products, recorded USD 9.53bn in Q3 of 2015, compared to USD 10.5bn in Q2 of the cited year.
Moreover, coke and petroleum products introduce the main important economic activities, contributing to 20.4 percent of the industrial production value.
Additionally, food production industry which logged almost USD 2.18bn in Q3 of 2015, compared to USD 2.61bn in Q2, a fall of 16.2 percent.
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