Morocco’s price index of industrial production decreased by 0.2 per cent in April 2018.
The decline in prices extended to the the clothing industry by 0.5 per cent, food industry by 0.3 per cent, pulp and paper industries by 0.8 per cent, metallurgy by 1.2 per cent, and non-metallic mineral products by 0.6 per cent.
Some industries saw a price increase in April: textile manufacturing by 0.7 per cent, leather and shoe products by 0.2 per cent, and cork and wood products by 1.2 per cent.
In March, prices of metallurgy increased by 0.7 per cent, pulp and paper industries by one per cent, and clothing and textile prices by 0.4 per cent. Wood and cork production prices each rose by 0.4 per cent in March.
There was an increase in the prices of fuel, meat, fruit, and vegetables in April, as the consumer price index climbed 0.3 per cent, after rising by just 0.1 per cent in March.
Morocco ranks seventh in the world’s list of fashion exporters. The country has high ambitions to foster this industrial sector in terms of quality, sustainability, technology and logistics.