Morning Brief april 15th, 2021

ECONOMIC HEADLINES
| MOROCCO | CONFIDENCE | The HCP index down 7 pts y-o-y in Q1 2021
According to the results of the permanent household survey conducted by the HCP, the Household Confidence Index stood at 68.3 pts in Q1 2021 against 75.7 pts a year earlier, recording a decrease of 7.4 pts. Compared to the previous quarter, the House-hold Confidence Index improved by 7.1 pts.

| MOROCCO | FISHING | Sector revenue up 21% in Q1 2021
According to the National Fisheries Office, landings of inshore and artisanal fishery products fell by 1.3% at the end of March 2021 to stand at 246,409 tons. Meanwhile, the sector's revenue increased by 21.1% compared to the same period of the previous year to MAD 2.5 Bn.

| SENEGAL | FOREIGN TRADE | Reduction of the trade deficit at the end of February 2021
At the end of February 2021, Senegal’s exports reached FCFA 463.8 Bn, down 9.7% year-on-year. Likewise, imports fell by 15.2% during the same period to FCFA 619.9 Bn. In this context, the trade deficit stood at FCFA -156.1 Bn at the end of February 2021 against FCFA -216.9 Bn a year earlier.

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