Cairo Chamber of Commerce garment Minister Muhammad Deol said that despite all kinds of festive celebrations held in the spring and summer is coming, Egypt garment market downward trend throughout the country, especially in the central region of the garment store, the performance was poor.
At present, the political and security situation is not stable in Egypt, people worried about the national prospects, leading the decline in purchasing power, festival celebration is also changed, the above factors make the garment market atrophy.
About 70% of garment of Egypt imports from abroad, garment production supplies are all imported from abroad, the Egypt garment prices rose 30% in 2013, due to the appreciation of the U.S. dollar.
To prevent clothing market continued to decline, also to improve people's purchases, traders began selling at a loss.
