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Industrial production: UEMOA countries register an increase of 8.5%

10/05/2021
Source : ORISHAS FINANCE
Categories: Companies

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Since January 2021 (+2.7%), industrial production has been growing steadily, according to Financial Afrik. Industrial production in the countries of the West African Economic and Monetary Union (UEMOA) increased by 8.5% during the month of March 2021 compared to 5.4% the previous month

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The increase in industrial production is attributable to the increase in production in the oil and textile sectors. The sector therefore recorded an increase of 8.5% during the month of March 2021 compared to 5.4% the previous month.
The trade turnover index in the UEMOA zone grew by 5.8% in 2021, after an increase of 1.4% the previous month. The surge was due to increased sales of petroleum products, electronic equipment, and construction materials

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