ECONOMIC HEADLINES
| MOROCCO | GDP | HCP forecasts a growth rate of 2.9% in 2022
According to the HCP, the Moroccan economy would record a growth rate of 2.9% during the year 2022 after an expected recovery of 7.2% in 2021.
| MOROCCO | FISHING | Sector’s revenue up 36% in 2021
According to the National Fisheries Office, the volume of landings of coastal and artisanal fishing products recorded an increase of 3% in 2021 to 1,332,748 tons against 1,296,527 tons in 2020. In this context, the sector's revenue jumped by 36% during the same period to settle at MAD 9.1 Bn.
| NIGER | INFLATION | Prices up 4.9% y-o-y in December 2021
According to the National Institute of Statistics, the Harmonized Consumer Prices Index of Niger rose by 0.4% in December 2021 compared to the previous month. Year-on-year, the inflation rate stands at +4.9% above the community convergence threshold of 3.0% set by the WAEMU.
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