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Market Update: Morocco Factory Output Rises 0.9% YoY in Q1
Manufacturing production in Morocco grew 0.9 percent year-on-year in the first quarter of 2021, the first increase in a year. It was the first rise of industrial output since second quarter of 2020, as output rose for chemicals (6.2 percent), food (3.8 percent), rubber products (12.9 percent), paper (5.7 percent), metallurgy (1.3 percent), textile (1.4 percent) and leather (4.6 percent). On the other hand, output fell for automotive products (11.5 percent), electronic industry (24.2 percent), other manufacturing products (15.2 percent), furnishing (12.1 percent), clothing (1.8 percent) and beverages (1.2 percent). source: Haut Commissariat au Plan [/s2If]
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