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Majority of Moroccan families face declining living standards
The results of the third consecutive quarterly survey indicate that over 76% of Moroccan households experienced a decline in their standard of living during the past twelve months. More than half of the households expect this downward trend to continue in the coming year. Despite this, the household confidence index showed a slight improvement, reaching 59.2 points. However, most households anticipate rising unemployment and a crisis in purchasing power, with 61.3% expecting an increase in the number of unemployed and 63.8% believing that current conditions are not suitable for purchasing durable goods. Additionally, 58.2% of households are able to cover their expenses from their income, while 39% resort to borrowing. A large proportion of households expect their financial situation to remain stable in the coming year.
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