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Morocco's Economic Landscape Shifts as Inflation Halves in Q2 2024

In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......

Economic Growth Moderates in First Quarter of 2024, but Remains Resilient

In its comprehensive assessment of the nation's economic performance during the first quarter of 2024, the High Commission for Planning (HCP) revealed a moderation in the growth rate of the national economy, which stood at 2.5% compared to 3.9% during the same period the previous year. Despite this......

Morocco’s Core Inflation Sees 2.2% Year-Over-Year Spike in May

Core inflation in Morocco experienced a notable rise of 2.2% in May 2024 compared to the same month last year, as reported by the High Commission for Planning (HCP). This increase underscores persistent inflationary pressures within the Moroccan economy, even as the broader Consumer Price Index (CPI)......

COVID-19 and Inflation Compound Morocco’s Economic Inequalities, HCP Report Reveals

Disparities Deepen as Morocco’s Poor Bear the Brunt of Economic Crises Morocco’s recent economic challenges have disproportionately affected its least affluent citizens, according to a comprehensive report by the High Commission for Planning (HCP). The report highlights how the COVID-19......

Wholesale Trade Activity Maintains Steady Rhythm in Q1

The wholesale trade sector demonstrated overall stability during the first quarter (Q1), according to the latest figures from a survey conducted by the High Commission for Planning (HCP). Forty-seven percent of business leaders reported steady sales in the domestic market, while 29% experienced a decline. This......

Moroccan Economy Shows Resilience in Challenging Times

The Moroccan economy demonstrated resilience in 2023, growing at a rate of 3.4% according to recently released national accounts data from the High Commission for Planning (HCP). This faster pace of expansion comes despite high inflation and marks an improvement over the prior year's growth of 1.5%.  Domestic......

Morocco's Inflation Reaches Stable Grounds; Core Prices Rise Modestly

A recent briefing from the High Commission of Planning (HCP) reveals that Morocco's core inflation, an index that excludes products with volatile prices and public tariffs, experienced a modest 0.2% month-on-month (MoM) increase in April. This mild uptick in core prices indicates a stabilizing trend......

The Married Woman's Dilemma: Exploring Disparity in Labor Force Participation in Morocco

A groundbreaking survey conducted by Morocco's esteemed statistical agency has unveiled a striking revelation: household chores emerge as the paramount factor impeding married Moroccan women from actively participating in the labor force. This sobering reality underscores the pervasive influence......

Moroccan Purchasing Power Challenged: A Multifaceted Analysis by HCP

In a comprehensive study, the High Commission for Planning (HCP) in Morocco has shed light on the intricate dynamics of purchasing power among Moroccan households. Leveraging an innovative web-based index that tracks online purchasing intentions, coupled with conventional data, the report offers a nuanced......