The results of the business climate note from the High Commission for Planning (HCP) among Moroccans have just been published. This confidence index reports a deterioration in the standard of living of Moroccan households.
The Regional Directorate of the High Commission for Planning (HCP) of Tangier-Tetouan-Al Hoceima has published a report showing that the Consumer Price Index (CPI) fell by 0.2% during the first eight months of the year in Tangier and Al Hoceima, while it remained stable in Tetouan.
Contrary to the month of July, the producer price index for the "Manufacturing industries excluding petroleum refining" sector fell by 1.1% in August 2019, according to a statement from the High Commission for Planning (HCP).
The economy experienced a slowdown in the second quarter of this year compared to 2018, according to an Information Note from the High Commission for Planning (HCP) , published on September 29.
The High Commission for Planning (HCP) announced that the Consumer Price Index (CPI) showed, in August 2019, an increase of 0.3% compared to July. The 0.7% increase in the food product index and the 0.2% increase in the non-food product index would be at the origin of this increase.
Compared to the first quarter of 2019, the unemployment rate fell by 1.5 points in the second quarter, to stand at 8.5% of the active population. The services sector is making a strong contribution to job creation.
In Morocco, the unemployment rate has officially seen a significant decline during the 2nd quarter of 2019.
Faced with the high cost of living in Morocco, households have taken a hit to the point of seeing their morale drop. According to the figures from the survey on the Household Confidence Index (ICM), conducted by the High Commission for Planning (HCP), this downward trend, which has been going on for more than a year, has intensified in the second quarter of 2019.
A survey conducted by the High Commission for Planning (HCP) during the second quarter of 2019, shows a flagrant pessimism of Moroccan households, regarding their savings capacity and the cost of living.
A decision by the National Office of Food Safety (ONSSA) has suspended all veterinary control operations in slaughterhouses in Morocco, due to non-compliance with the required standards and sanitary conditions. To date, no action has been taken by the Government.
In its 2018 Report on Education, Training and Scientific Research, the High Commission for Planning (HCP) has provided surprising data on education in Morocco. More than a third of the population is illiterate while 70% of university graduates are unemployed.
Morocco’s economic growth is sluggish. This is revealed by the High Commission for Planning (HCP) in its latest indicators on National Accounts. From 3.5% in the previous quarter, it drops to 2.8%.