Morocco’s HCP: Producer Price Index Increased in February ...Morocco

Rabat – According to theHigh Commission for Planning(HCP), the producer price index (PPI) of the manufacturing industries excluding petroleum refinery recorded an increase of 0.3% in February 2021 compared to January 2021.According to a briefing note on the industrial, energy, and mining producer price index (IPPIEM) in February, the HCP stated that the increase is mainly due to a rise in prices, metallurgy saw the highest increase with 4.2%, followed by a 1.8% rise in woodwork manufacturing.The PPI for electrical equipment manufacturing increased by 0.7%, textile industry by 0.3% and food industry saw a 0.1% rise.The increase is also due to the 0.9% drop in prices recorded in the “Manufact

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Morocco’s HCP: Producer Price Index Increased in February ...Morocco

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