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Morocco expects 5.4% economic growth in the third quarter

Morocco expects 5.4% economic growth in the third quarter

It is expected that the Moroccan economy will experience a growth rate of 5.4% during the third quarter of 2026, following a 4.8% increase in the previous quarter. This improvement is attributed to a recovery in the agricultural sector, which will reach a growth rate of 19.9%, along with better prospects for extractive and manufacturing industries, with industrial added value growing by 1.8%. Additionally, an increase in household consumption by 4.9%, supported by improved income and maintained favorable financial conditions, will contribute further. However, external trade will have a negative impact on growth, with imports rising by 12.4%, resulting in a contraction of -2.1 percentage points, amid ongoing challenges from geopolitical uncertainties and energy prices. The overall inflation rate is expected to remain at 1.2%, with Brent crude oil prices stable at $85 per barrel, though external risks persist due to geopolitical tensions.

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