Morocco sees sharp growth in industrial production
(MENAFN) Morocco was found to have seen a growth in its industrial production in April, recording a 64 percent Capacity Utilization Rate (UCA).
The boost has been shown in the monthly survey conducted by Bank Al-Maghrib, with it discovering a progress in production and sales.
Bank Al Maghrib said that the Capacity Utilization Rate has stood at 72 percent in the agri-food sector, with textiles and leather reaching 71 percent and chemistry and para-chemistry recording 57 percent.
The bank also found the Capacity Utilization Rate of the electrical and electronic sector to have posted 83 percent, with mechanics and metallurgy recording 67 percent.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.