Morocco Industrial Output Dips in August
The Bank of Morocco reported that industrial activity in August experienced a decline, with production decreasing and sales levels generally remaining steady, while capacity utilization rates rose to 80%. It was anticipated that the drop in production affected all sectors of industry except for the food industry, which saw an increase. Additionally, sales stabilized in some sectors and rose in others, while orders and order books declined across most industries. Industrialists expect an improvement in activity levels over the next three months, with overall increases in production and sales, despite some uncertainty among certain companies regarding future developments.
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