{"id":491664,"date":"2026-06-09T12:37:49","date_gmt":"2026-06-09T12:37:49","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/06\/09\/morocco-bank-al-maghrib-announces-a-overall-stagnation-of-industrial-activity-in-april-2026\/"},"modified":"2026-06-09T12:37:59","modified_gmt":"2026-06-09T12:37:59","slug":"morocco-bank-al-maghrib-announces-a-overall-stagnation-of-industrial-activity-in-april-2026","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/06\/09\/morocco-bank-al-maghrib-announces-a-overall-stagnation-of-industrial-activity-in-april-2026\/","title":{"rendered":"Morocco: Bank Al-Maghrib announces a overall stagnation of industrial activity in April 2026"},"content":{"rendered":"
<\/div>

Bank Al-Maghrib’s business survey for April 2026 revealed an overall stagnation of industrial activity in Morocco, announced the central bank based in Rabat.<\/p>\n

This opinion survey conducted among a representative sample of nearly 400 industrial companies was carried out during the period from May 1st to May 29th, 2026. The results are based on a response rate of 65%.<\/p>\n

“Thus, BAM emphasizes that production and sales would have stagnated and the capacity utilization rate (CUR) would have remained at 78%.”<\/p>\n

In April 2026, production in the agri-food sector would have stagnated and the CUR would have stood at 72%. As for sales, BAM’s survey indicates that they would have decreased, linked to a decrease in the local market. Shipments abroad, on the other hand, increased. Similarly, orders would have declined, with an order book below normal levels.<\/p>\n

For the next three months, business leaders expect an increase in production and sales. However, 37% of industrialists declare uncertainties about the future evolution of production and 30% regarding sales.<\/p>\n

Production and sales in the textile and leather sector would have shown a decrease in April 2026 in all sub-sectors except for the leather and footwear industry where it would have increased. In these conditions, the CUR would have been established at 76%. Sales would have declined both in the local and foreign markets. Similarly, orders would have decreased in all sub-sectors except for the leather and footwear industry where they would have increased.<\/p>\n

As for order books, they would have been below normal levels. For the next three months, industrialists expect a decrease in production and a stagnation in sales. However, more than half of the companies report uncertainties about the future evolution of production and sales.<\/p>\n

Regarding the production of chemicals and petrochemicals, it would have decreased in April 2026, and the CUR would have been established at 79%. “Similarly, BAM’s services emphasize that sales would have declined, linked to a decrease in the foreign market.” Local sales would have increased. As for orders, they would have increased with an order book above normal levels.<\/p>\n

For the next three months, companies anticipate an increase in production and sales. “However, BAM notes that one in five companies indicate uncertainties about the future evolution of production.”<\/p>\n

During the period under review, production in mechanics and metallurgy would have increased and the CUR would have been established at 87%. Similarly, sales would have increased both in the local and foreign markets. Also, orders would have progressed, with an order book at a normal level.<\/p>\n

For the next three months, industrialists anticipate an increase in production and sales. However, 31% of them indicate uncertainties about the future evolution of production.<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Bank Al-Maghrib’s business survey for April 2026 revealed an overall stagnation of industrial activity in Morocco, announced the central bank based in Rabat. This opinion survey conducted among a representative sample of nearly 400 industrial companies was carried out during the period from May 1st to May 29th, 2026. The results are based on a<\/p>\n","protected":false},"author":536282,"featured_media":491665,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/06\/09\/maroc-bank-al-maghrib-annonce-une-stagnation-globale-de-lactivite-industrielle-au-mois-davril-2026\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16158],"tags":[],"class_list":["post-491664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bank","pmpro-has-access"],"yoast_head":"\nMorocco: Bank Al-Maghrib announces a overall stagnation of industrial activity in April 2026 - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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