Industry Actvities in Morocco Decline in July

Production and sales in the industrial sector in Morocco declined in July 2021 compared to June, according to Bank Al-Maghrib's monthly survey.

The rate of production capacity use reached 71%, the survey showed, adding that production activities decreased, except in the "agri-food" and "chemicals and para-chemical" industry which recorded an increase and stagnation respectively.

Local markets were affected by the decline in sales, except for the "agri-food" sector which recorded an increase.

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