BAM: Improvement of industrial activity in October

Bank Al-Maghrib (BAM), indicated that the results of the monthly economic survey in the industry for October show an improvement, from one month to another, in activity.

Thus, specifies the same source, production would have increased and the Production Capacity Utilization Rate (TUC) would have stood at 72%, as well as sales which would have increased and orders would have increased with books which were increasing. would be located at a normal level.

By branch, production would have seen an increase in “agro-food” and in “mechanics and metallurgy”, a fall in “chemicals and parachemistry” and stagnation in “textiles and leather” and in ” electrical and electronic ”.

As for sales, they would have progressed in “agro-food”, in “mechanics and metallurgy” and in “electrical and electronic” and would have declined in “chemicals and parachemicals” and in “textiles and leather ”.

As regards orders, they would have recorded an increase in all branches of activity with the exception of “textiles and leather” where they would have rather fallen, according to the same source.

As regards the order books, they would have been established at lower than normal levels in all branches of activity with the exception of “chemicals and parachemicals” where they would have been at a normal level and “electricity”. and electronics ”at a higher level than normal.

For the next three months, companies expect production to stagnate and sales to increase. However, 29% of them say they have no visibility on the future development of production and sales.



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