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Morocco’s cement sales to rise 1-1.5% in 2015?

Professionals in the Moroccan cement sector expect an end of 2015 with sales up 1-1.5%, after an initial forecast of a drop of 4-5%. The year was marked with a lack of stability, with sales up 17.22% in August, down 21.17% in September and up 18.25% in October. The year was also marked by a lot of religious holidays, which hindered sales. The poor condition of the building market is nonetheless the greatest hindrance to the cement sector. The last quarter of the year saw a recovery, after a vol
January 11, 2016 Read time: 1 min

Professionals in the Moroccan cement sector expect an end of 2015 with sales up 1-1.5%, after an initial forecast of a drop of 4-5%.

The year was marked with a lack of stability, with sales up 17.22% in August, down 21.17% in September and up 18.25% in October.

The year was also marked by a lot of religious holidays, which hindered sales.

The poor condition of the building market is nonetheless the greatest hindrance to the cement sector.

The last quarter of the year saw a recovery, after a volatile start to the year. The municipal elections also contributed to the stabilisation of the sector, which saw the unblocking of funds for renovation.

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