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Morocco Bucks Economic Misery Trend in North Africa

In the midst of widespread economic turmoil across the region, Morocco shines as a beacon of relative stability, as revealed by the highly anticipated Hanke's Annual Misery Index (HAMI) for 2023. This globally renowned index, meticulously curated by esteemed economist Steve H. Hanke, offers a comprehensive......

Unveiling Gender Disparities: HCP Sheds Light on Stark Inequalities in Morocco's Urban Job Market

On the occasion of International Women's Day, Morocco's High Commission for Planning (HCP) has revealed alarming statistics that illuminate the persistent gender disparities in the nation's urban job market. The report presents a somber depiction, highlighting the significant underrepresentation......

Addressing Persistent Inflation Amidst Soaring Food Prices in Morocco

In January 2024, consumer prices in Morocco surged by 2.3%, driven primarily by a notable 4.2% increase in the food price index compared to the same period last year, as reported by the High Commission for Planning (HCP). Despite a 0.6% month-on-month decline in the overall consumer price index (CPI)......

Inflation Impact: Moroccan Households Struggle as Prices Surge Nationwide

Moroccan households grappled with financial challenges throughout 2023, as inflation took a toll on their budgets. According to a recent report by the High Commission for Planning (HCP), the annual average consumer price index (CPI) witnessed a significant 6.1% surge compared to the previous year. This......

Morocco's Inflation Dips to 6.1% in 2023

Morocco welcomed positive economic news this week as the country's inflation rate declined to 6.1% in 2023, marking a decrease from the previous year's 6.6%. The reduction was disclosed in a report published on Monday by Morocco's High Commission for Planning (HCP). The drop in inflation......

Inflation Slowdown Provides Short-Term Relief in Morocco

Morocco's inflation rate saw a welcome decline to 6.1% in 2023, down from the previous year's 6.6%, as reported by the latest data from the country's official statistics agency. This modest deceleration signals a potential respite after two years of steadily rising prices that have strained......

Morocco's Economic Landscape: Resilient Household Spending Amidst Challenges

In the face of a nuanced economic landscape, Morocco demonstrates promising signs of growth, particularly in household consumption, despite encountering various challenges. A recent report from the High Commission for Planning (HCP) projects a 1.2% expansion in household spending during the first quarter......

Impact of Prolonged Drought on Morocco's Agriculture Sector in 2023

Morocco's crucial agriculture industry faced severe setbacks in 2023 due to an enduring drought that persisted throughout the year, according to new data. A report from the Higher Commission for Planning (HCP) reveals the devastating consequences of the prolonged water shortage, with the agriculture......

Morocco's Economic Outlook Dimmed by Drought Conditions

Morocco is poised to experience a slowdown in economic growth in the upcoming months, as highlighted by the recent report from the country's statistics office, Haut-Commissariat au Plan (HCP). The agency projects a modest annual growth rate of +2.4% for the first quarter of 2024, signaling a decline......