Morning Brief - may 20th, 2021

FINANCIAL MARKET HEADLINES
| MOROCCO | COLORADO | Revenue up 39.5% in Q1 2021
In Q1 2021, the sales volume of Colorado jumped by 35.5% to 9.9 KT. In this context, Colorado's revenue stood at MAD 113.7 Mn, recording an increase of 39.5%.

ECONOMIC HEADLINES
| MOROCCO | PORTS | Port traffic almost stable at the end of April 2021
At the end of April 2021, traffic carried through ports managed by the ANP reached an overall volume of 31.4 million tons, record-ing a slight increase of 0.2% year-on-year.

| MOROCCO | REAL ESTATE | PPI up 1.8% y-o-y in Q1 2021
According to Bank Al-Maghrib, the Property Price Index (PPI) rose by 1.8% in Q1 2021 compared to the same quarter of the previ-ous year. This results from the 1.2% increase in residential properties prices, and 2.9% in the prices of land and assets for profes-sional use. In addition, the number of transactions increased by 52.0% in Q1 2021 compared to the same period of the previous year.

| CÔTE D’IVOIRE | INFLATION | Prices up 3.9% y-o-y in April 2021
According to the National Institute of Statistics, the Harmonized Consumer Prices Index of Côte d’Ivoire increased by 0.9% in April 2021 compared to the previous month. Year-on-year, the inflation rate stands at +3.9% above the community convergence thresh-old of 3.0% set WAEMU.

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