Morocco: Production Price Index Increases in February (Hcp)

Casablanca — The production Price Index of the manufacturing industries excluding petroleum refinery recorded an increase of 0.3% during February compared to January, according to the High Commission for Planning (HCP).

This increase is due to a rise in prices of electrical equipment (0.7%), metallurgy (4.2%), textile manufacturing (0.3%), food industry (0.1%) and woodworking manufacturing (1.8%), highlights the source in its latest information note on the industrial, energy, and mining production Price Index.

Additionally, it is the result of an increase in prices of rubber and plastic products manufacturing (0.9%), says the HCP.

Index prices for production in mining and quarrying, electricity production and distribution, and water production and distribution remained stable during February 2021.

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