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Find all the economic and financial information on our Orishas Direct application to download on Play StoreSince January 2021 (+2.7%), industrial production has been steadily increasing, according to Financial Afrik. Industrial production in the countries of the West African Economic and Monetary Union (WAEMU) recorded an increase of 8.5% during the month of March 2021 against 5.4% the previous month.
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 against 5.4% the previous month.
The trade turnover index in the WAEMU zone grew by 5.8% in 2021, after an increase of 1.4% the previous month. This surge is due to increased sales of petroleum products, electronic equipment and building materials.
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