FINANCIAL MARKET HEADLINES
| MOROCCO | AFMA | Consolidated revenue up 14% in Q1 2022
In Q1 2022, AFMA consolidated revenue amounted to MAD 74.4 Mn, jumping by 13.6% compared to the same period of the previ-ous year.
ECONOMIC HEADLINES
| MOROCCO | INFLATION | Consumer prices index up 5.9% in April 2022
In April 2022, the Consumer Prices Index rose by 1.8% compared to the previous month, taking into account the increase of 3.0% in the food index and 0.9% in the non-food index. Compared to the same month of last year, the CPI surged by 5.9%.
Note that the underlying inflation indicator, which excludes products with volatile prices and products with public tariffs, in-creased by 0.8% compared to March 2022 and by 4.4% compared to April 2021.
| TUNISIA | UNEMPLOYMENT | An unemployment rate of 16.1% in Q1 2022
In Q1 2022, the estimated number of unemployed persons stood at 653,200 of the total labor force against 673,500 during the pre-vious quarter. Thus, the unemployment rate stands at 16.1% in Q1 2022 against 16.2% in Q4 2021 and 18.4% in Q3 2021.
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