Morocco Factory Output Growth Slows in Q3

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Manufacturing production in Morocco rose by 2.2% year-on-year in Q3 2025, slowing from a 7% growth in the previous three-month period, partly reflecting base effects. The main positive contributors were food industries (+11.3%), other non-metallic mineral products (+12.2%), chemical industry (+4.3%), motor vehicles (+7.4%), rubber and plastic products (+16.2%), and other transport equipment (+19.9%). Conversely, declines were seen in tobacco products (-28.4%), pharmaceuticals (-17.3%), metal products, excluding machinery (-6.6%), and metallurgy (-8.0%).

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