Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017

Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017 to EGP 135.5 bn, up from EGP 91.8 bn in 2Q2016, according to a CAPMAS release. Food products accounted for 24.6% of overall output, while steel production accounted for 15.9%.