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Rabat- Moroccan Higher Planning Commission (HCP), in charge of economic, demographic, and social statistics, presents the price index of industrial production, energy, and mining for February 2018, showing an increase in prices of industrial manufacturing by 1.3 percent, with the exception of oil refinery.
The boost in the price index for February, in comparison with January 2018, resulted from an increase in prices in the chemical industry by 6.2 percent, the food industry by 0.2 percent, beverage manufacturing by 0.1, and metallurgy by 0.7 percent, in addition to electric manufacturing increases by 1.5 percent and other non-metallic mineral manufacturing gains by 1.1 percent.
Price decreases were seen in the clothing industry, which reduced by 1.1 percent, and the woodworking, cork, and wood manufacturing industries, which decreased by 0.2 percent (with the exception of straw plaiting and basketry).
As for the prices of extractive industries, they have remained stable throughout the entire month of February, including those of the production and distribution of water and electric power.
This report follows HCP’s previous report indicating an increase in price indexes of industrial production by 0.1 percent in December 2017, in comparison with January 2018.
