FINANCIAL MARKET HEADLINES
| MOROCCO | CENTRALE DANONE | Loss reduced to MAD -37 Mn in H1 2020
|
Indicators (MAD Mn) |
H1 2019 |
H1 2020 |
Variation |
|
Revenue |
2 242 |
2 281 |
1,7% |
|
EBITDA |
44 |
206 |
368,2% |
|
EBITDA margin |
2,0% |
9,0% |
+7,0 pts |
|
NIGS |
-289 |
-37 |
MAD 252 Mn |
|
Net margin |
NS |
NS |
- |
ECONOMIC HEADLINES
| WAEMU | BUSINESS CLIMATE | A 6.1% drop y-o-y in August 2020
According to the Central Bank of West African States, the business climate indicator for WAEMU countries fell by 3.5% in August 2020, compared to the previous month. On a year-over-year basis, this shows a decrease of 6.1%.
| SENEGAL | INFLATION | Prices up 2.8% y-o-y in September 2020
According to the National Agency for Statistics and Demography, the Harmonized Consumer Prices Index rose by 0.2% in Septem-ber 2020, compared to the previous month. On a year-over-year basis, the inflation rate stands at 2.8% below the community con-vergence threshold of 3.0% set by the WAEMU.
