Manufacturing Industries in Morocco: Producer Prices Down 0.1% in August

The producer price index for the "Manufacturing industries excluding oil refining" sector fell by 0.1% in August compared with the previous month, according to the High Commission for Planning (HCP).

This drop is due to a 4% fall in prices for "Metallurgy", a 1.4% rise in prices for "Clothing" and a 0.2% increase in prices for "Food", explains the HCP in its information note on the Industrial, Energy and Mining Producer Price Index.

The producer price index for the "Extractive industries" sector fell by 0.1% in August, adds the same source.

On the other hand, producer price indices for the "Electricity production and distribution" and "Water production and distribution" sectors stagnated over the same period.

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