Morocco’s industrial output rises in October

Mubasher: Morocco’s industrial output increased in October across all sectors, except for auto, conversion, refining, chemical and semi-chemical industries, according  to a report by Bank Al-Maghrib.

The capacity utilisation rate of most sectors has not witnessed any changes compared to 72% in September.

The capacity utilisation rate of the textile and electrical industries declined, while that of the mechanical industries rose.

Sales of all sectors increased, except for chemical and semi-chemical industries, the report stated.

The bank expects industries, excluding conversion and refining, to see growth in terms of production and sales over the next three months.     

Mubasher Contribution Time: 24-Nov-2015 11:31 (GMT)