Egypt Industrial production

Egypt

Egypt: Industrial production slumps in August

November 2, 2015

In August, industrial production decreased 5.5% over the same month last year, which contrasted the seven-month-high 6.6% increase recorded in July. As a result of the deceleration, annual average growth in industrial production slowed significantly from 9.6% in July to 6.1% in August.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 3.4% in fiscal year 2016, which is down 0.1 percentage points from last month’s forecast.


Author:, Economist

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Egypt Industrial production Chart


Egypt Industry August 2015

Note: Year-on-year changes and annual average growth of industrial production index in %.
Source: Ministry of Planning and FocusEconomics calculations.


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