Manufacturing production in Morocco rose 3.3 percent year-on-year in the third quarter of 2021, slowing from a record 19.9 percent jump in the previous quarter. Output growth eased mostly for metallurgy (16.1 percent vs 98.3 percent in Q2), rubber & plastics (7.5 percent vs 79 percent), electrical equipment (22.7 percent vs 69.7 percent), clothing (6.8 percent vs 48.9 percent); leather products (11 percent vs 32.5 percent) and furnishings (1.3 percent vs 7.2 percent). Moreover, production declined for automotive products (-11.8 percent vs 85.3 percent) and chemical products (-3.3 percent vs 0.5 percent). source: Haut Commissariat au Plan
Industrial Production in Morocco averaged 2.65 percent from 2000 until 2021, reaching an all time high of 19.90 percent in the second quarter of 2021 and a record low of -21.40 percent in the second quarter of 2020. This page provides - Morocco Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.
Industrial Production in Morocco is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Manufacturing Production is projected to trend around 5.00 percent in 2022 and 9.00 percent in 2023, according to our econometric models.