Maroko - Pertumbuhan Produksi Industri (y-on-y)

Manufacturing production in Morocco increased 2.0 percent from a year ago in the second quarter of 2019, down from a 2.7 percent rise in the previous period. It was the smallest gain in factory activity since the third quarter of 2017, as output growth slowed considerably for chemicals (2.1% vs 7.2% in Q1); textiles (1.3% vs 3.7%); apparel (6.5% vs 10.4%). In addition, production declined for metal products (-2.3% vs -12.1%); other non-metallic products (-3.3% vs 5.3%); leather, shoes & travel articles (-6.1% vs -1.4%); medical, precision & optical products (-9.6% vs 0.7%) and wood products (-12.1% vs -1.5%). Meanwhile, main gains were recorded for automotive products (10.9% vs 1.5%); food (5% vs 0.2%) and paper and cardboard (17.3% vs -0.5%).

Manufacturing production in Morocco increased 2.7% year-on-year in the first quarter of 2019, down from a 3.6% rise in the previous period. It was the smallest gain in factory activity since the fourth quarter of 2017. Output growth slowed significantly for food (0.2% vs 2.2 percent in Q4); automotive products (1.5% vs 10.8%) and medical, precision & optical products (0.7% vs 5%). In addition, production fell for metal products (-13.1% vs 2.9%); machinery and electrical appliances (-2.3% vs 15.5%); tobacco (-0.7% vs 4%); other transport equipment (-3.8% vs 8.9%); leather, shoes and travel articles (-1.4% vs -27.4%); wood products (-1.5% vs -4.3%) and printing products (-1% vs 12.3%). Conversely, main gains were posted by apparel (10.4% vs 7.8%) and metallic products (12.1% vs -10.1%).

Manufacturing production in Morocco increased 3.6 percent year-on-year in the fourth quarter of 2018, up from a 3 percent rise in the previous period. It was the biggest increase in factory output since the third quarter of 2016. Output grew significantly for machinery and electrical devices (15.5 percent vs 10.9 percent in Q3); printing products (12.3 percent vs 4.5 percent); automotive products (10.8 percent vs 6.9 percent) and other transport equipment (8.9 percent vs 4.6 percent). Meanwhile, production slowed for chemicals (3.4 percent vs 9.8 percent). Considering the full year of 2018, manufacturing output grew 3.2 percent over a year ago.