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Industry: Output Price Index Down 0.1% in April 2020 (HCP)

29 mai 2020 Printable Version
Rabat - The output price index of the "manufacturing industries excluding petroleum refining" sector recorded a drop of 0.1% during the month of April 2020 compared to March 2020, according to the High Commission for Planning (HCP).

This decrease is the result of the 0.7% drop in prices recorded in "metallurgy", 0.5% in "clothing industry" and 0.3% in both "other non-metallic mineral product manufacturing" and "furniture manufacturing", explains the HCP in a briefing note on the industrial, energy and mining output price index of April 2020.

It is also due to the 0.4% drop in "woodworking and manufacture of articles of wood and cork" as well as stagnating prices in the "food industry" and the "chemical industry", the same source points out.

 In addition, the output price indices for "extractive industries", "electricity generation and supply" and "water production and supply" also stagnated during April 2020.

Source URL: https://www.mapnews.ma/en/actualites/economy/industry-output-price-index-down-01-april-2020-hcp