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Rabat — Morocco’s industrial producer price index for the manufacturing sector, excluding oil refining, slipped by 0.1% in July 2025 compared to the previous month, the High Commission for Planning (HCP) reported.
The HCP’s latest bulletin on industrial, energy, and mining producer prices (IPPIEM) attributed the decline to uneven shifts across key industries. Food manufacturing registered a 0.4% drop, the clothing sector fell by 0.2%, and rubber and plastic production decreased by 0.3%.
However, not all sectors experienced a slowdown. The manufacturing of electrical equipment and metal products recorded a mild increase of 0.1%, and the production of other non-metallic mineral products grew by 0.3%.
In the extractive industries, producer prices registered a 0.1% rise in July, indicating modest upward pressure in raw materials. Meanwhile, the indices for electricity production and distribution, as well as water production and distribution, remained unchanged, showing no notable variation from June.
This slight downward shift in July follows a more positive trend observed earlier this year. In March 2025, Morocco’s industrial producer prices, excluding oil refining, rose by 0.1% from the previous month.
The metallurgy industry played a key role in that increase, posting a strong 1.7% gain due to higher costs in metal processing and transformation activities.
