Roundup of Major Economic News from Africa’s Largest Economies for the Week-Ending 19 March 2023: Morocco

MOROCCO

Industrial Production in Morocco Rises for the Third Consecutive Quarter in 2022Q4

Industrial Production in Morocco from 2020Q1 – 2022Q4 (Y/Y %)

In Morocco, the latest data in the figure above shows that manufacturing production grew by 0.8% Y/Y in 2022Q4, less than a third of the 3.1% rate of the previous quarter.  For the whole of 2022, output was also up 0.8%.  Last year, the fastest production growth was registered by Printing and Reproduction of Records, which jumped 16.9%, Leather and Footwear, which rose 16.7%, and Automobiles, which grew by 12.7%.

Data Source: High Commission for the Plan of Morocco

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