Industry in Morocco

Morocco Industry | Economic News & Forecasts

Morocco - Industry

Economic growth appears likely to have picked up pace in the third quarter, largely on the back of strengthening internal demand. Despite waning consumer confidence in the quarter, lower unemployment and robust tourist inflows likely buttressed private spending, while investment benefited from a pick-up in industrial activity, led by resilient external demand. Though a higher energy bill continues to weigh on the trade deficit, the external sector was notably buttressed by strong demand for phosphate products—amid surging global prices—and automotive components.

Morocco - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)0.9  1.3  1.6  2.1  2.6  

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Morocco Industry Chart

Morocco Industry
Note: Annual variation of industrial production in %.
Source: Higher Planning Commission of Morocco.

Morocco Facts

Bond Yield3.740.0 %Nov 30
Exchange Rate9.61-0.29 %Dec 14
Stock Market11,144-0.23 %Dec 14

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