Economic news
MOROCCO - Industry: Growth in industrial production in Q2 2025
According to the HCP, the Industrial Production Index (IPI) for manufacturing industries — excluding oil refining — recorded a year-on-year increase of 7.0% in the second quarter of 2025 compared to the same period in 2024.
In addition to this growth, other key sectors also showed positive developments:
- The mining industry posted a rise of 16.8%
- The electric power sector saw an increase of 9.4%
TUNISIA - Sovereign rating: Fitch Ratings upgrades Tunisia
In its latest review dated September 12, 2025, the credit rating agency Fitch Ratings upgraded Tunisia’s Long-Term Issuer Default Rating (IDR) in both foreign and local currency from “CCC+” to “B-”, assigning a stable outlook.
