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Morocco Industrial Activity Decreases in August
The Bank of Morocco reported that industrial activity in August experienced a decline, with overall production decreasing except in the food industries sector, which saw an increase. Sales remained stable across most sectors, while orders declined in all branches except for the food industries. The capacity utilization rate stood at 80%. Industry officials forecast an improvement in activity over the next three months, with increases in production and sales, except in the food industries sector, where they expect stability. However, more than a quarter of companies expressed uncertainty about future developments.
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