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Industrial production in UEMOA: an increase of 2.2% recorded in December 2022

17/03/2023
Source : ORISHAS FINANCE
Categories: Economy/Forex

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After a 2.3% increase in November 2022, industrial production, year-on-year, increased by 2.2% in December of the same year.

La Bceao Announces that the bullish momentum in activity& The economy is mainly driven by the strengthening of electricity, water and gas production (+1.5 points compared with +1.2 points), manufacturing production (+0.7 points compared with -0.1 points) and the production of extractive activities (+0.1 points against +1.3 points). Indeed, the seasonally adjusted industrial production index (CVS) recorded a monthly increase of +3.7% in December 2022, after a fall of -3.8% the previous month. According to the Bceao, retail turnover increased by 11.3%, compared with 18.3% in the previous month.

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