Global Economy
Morocco's Manufacturing Price Index Rises 0.3% in January 2026
The High Commission for Planning (HCP) reports that Morocco's producer price index for the manufacturing sector, excluding oil refining, climbed 0.3% in January 2026 compared with the previous month. The increase was driven mainly by higher prices in food production, machinery and equipment manufacturing, as well as modest gains in metal products, furniture and textiles, while metallurgy slipped slightly. Other key sectors such as extractive industries, electricity and water distribution showed no change during the month.
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January 2026 Production Price Index
The High Commission for Planning (HCP) reports that the Producer Price Index (PPI) for Morocco's “Manufacturing industries excluding oil refining” increased by 0.3% compared with December 2025.
Sector‑by‑sector drivers
- Food industry and Machinery and equipment manufacturing posted the strongest jump, up 1.3%.
- Metal products and Non‑metallic mineral products rose 0.5%.
- Apparel industry gained 0.4%.
- Furniture manufacturing climbed 0.8%.
- Textile industry edged up 0.1%.
- Metallurgy slipped 0.2%.
Other sectors
Production price indices for extractive industries, electricity generation and distribution, and water production and distribution remained flat during the month.
Source: High Commission for Planning (HCP) – Industrial, Energy and Mining Producer Price Index briefing.