Morocco Economic Outlook 2026
Bank of Morocco expects the national economy's growth to slow down from 4.9% in 2025 to 4.4% in 2026, and then to 2.9% in 2027, with inflation rising to 1.5% in 2027. It noted that the agricultural output will experience a 16% rebound this year thanks to the grain harvest, but will decline by 7.6% in 2027 as it returns to the average grain production levels. Additionally, non-agriculture activities are forecast to slow from 4.5% in 2025 to 3.1% in 2026, before increasing to 4% in 2027. As for inflation, it is expected to reach 0.7% in 2026 and rise to 1.5% in 2027, with the core inflation gradually increasing to 2.2% during 2027, supported by falling prices of some food items and rising prices of imported energy.
Notice: This Is an AI-Generated Summary
Comments (0)