Posted by: Morocco World News

During the second quarter of 2018, employment in the non-financial services sector remained stable at 79 percent, according to 51 percent of industrial employers in a survey in the latest report by the High Commission for Planning (HCP).

According to 28 percent of the CEOs, activity in the sector has increased as a result of particular increases in warehousing, ancillary transport services, and leasing, whereas the decline in production occurred in the air transport industry.

With regards to order books in the second quarter, 74 percent of the CEOs consider that they are at their normal level, compared with 16 percent who believe that they are below the normal level.

On the other hand, 72 percent of the respondents said that employment has stagnated.

As for the wholesale trade sector, 57 percent of CEOs in the sector had agreed that it would remain stable through April, May, and June.

Non-financial services and wholesale trade in first quarter

HCP stated that in the first quarter of 2018, wholesale sales in the local market increased, according to 34 percent of wholesalers; meanwhile 28 percent reported a decrease.

The report emphasizes that the change is due to higher non-specialized wholesale trade, wholesale trade in Industrial Equipment, and wholesale trade of home goods.

According to 80 percent of CEOs in the sector, employment had remained stable throughout the first quarter of the year.

Merchandise inventory has continued at a normal level, according to 83 percent of CEOs, and below normal, according to 11 percent.