Morocco’s producer price index for the manufacturing industries excluding petroleum refining rose by 0.6% in June 2022 compared to May 2022, said the High Commission for Planning (HCP) in a recent note published Friday.
This increase comes as a result of the 2.3% increase in prices of “Food industries,” 1.5% increase in “paper and cardboard industry,” 0.5% increase in prices of “food paper and cardboard industry,” 0.8% in the “textile industry,” 0.3% in the “clothing industry,” 1.0% in the “printing and reproduction,” and 0.7% in woodworking.
The prices of “chemical industry”, “Manufacture of the chemical industry,” “manufacture of electrical equipment,” “manufacture of metal products” and “manufacture of computer products,” also rose by 0.1%, while the “metallurgy” sector prices dropped by 2.3%, specified HCP.
Additionally, the producer price index for the mining and quarrying sector increased by 0.1% in June 2022.
The extractive industries sector also increased by 0.1% in June 2022, added HCP.
On the other hand, the producer price indices for the “electricity production and distribution,” “water supply and sewage and distribution of electricity” and “production and distribution of water” remained stable in June, concluded HCP in its note.
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