ECONOMIC HEADLINES
| MOROCCO | AGRICULTURE | Cereal production down 39% y-o-y during the 2019-2020 crop
According to the Ministry of Agriculture, the production of the three main cereals is estimated at 32 million quintals for the 2019-2020 crop year. This shows a drop of 39% compared to the previous campaign.
| WAEMU | INDUSTRY | Production up 3.5% y-o-y in July 2020
According to the Central Bank of West African States, the WAEMU Industrial Production Index improved by 3.5% y-o-y during the month of July 2020.
| WAEMU | INFLATION | Prices up 2.5% y-o-y in July 2020
According to the Central Bank of West African States, the Harmonized Consumer Price Index of the WAEMU region increased by 2.5% y-o-y in July 2020. This results from the rise in prices of “Food and non-alcoholic beverages” (+1.9%), “Transport” (+0.2%), “Restaurants and Hotels” (+0.2%), “Clothing” (+0.1%) and “Housing” (+0.1%).
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