FINANCIAL MARKET HEADLINES
| MOROCCO | MAROC TELECOM | NIGS down 8% in Q1 2021
| TUNISIA-MOROCCO | ENNAKL AUTOMOBILES | Revenue up 61% in Q1 2021
In Q1 2021, Ennakl Automobiles’ revenue increased by 61.1% to TND 114.6 Mn. Meanwhile, the gross margin decreased by 4.1 pts to settle at 15.6%.
| TUNISIA | OTH | Consolidated revenue up 15% in Q1 2021
In Q1 2021, the consolidated revenue of OTH (One Tech Holding) rose by 15.2% to TND 219.3 Mn. Likewise, export’s share increased by 1.1 pts to 84.2%.
ECONOMIC HEADLINES
| MOROCCO | CPI | An increase of 0.1% y-o-y in March 2021
In March 2021, the Consumer Price Index increased by 0.2% from the previous month. This evolution takes into account a 0.3% increase in the food index and a 0.2% increase in the non-food product index. Compared to the same month of the previous year, the CPI rose by 0.1%.
Note that the underlying inflation indicator, which excludes products with volatile prices and products with public tariffs, increased by 0.1% compared to February 2021 and by 0.7% compared to March 2020 .
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