Morning Brief November 11th 2024

ECONOMIC HEADLINES
 

| MOROCCO | LENDING LOANS | The weighted average rate down 22 BPS in Q3 2024
According to the results of Bank Al-Maghrib's survey on lending rates in Q3 2024, the overall weighted average rate stood at 5.21%, down 22 BPS compared to the previous quarter. In this context, rates fell by 31 BPS to 5.08% for treasury loans and by 6 BPS to 5.24% for mortgages loans. Meanwhile, these rose by 24 BPS to 5.26% for equipment loans and by 3 BPS at 7.06% for con-sumer loans.

| TUNISIA | INFLATION | An inflation rate of 6.7% in October 2024
According to the National Institute of Statistics of Tunisia, the Consumer Prices Index increased by 0.8% in October 2024 com-pared to the previous month. On an annual basis, the inflation rate remained stable at 6.7%.

 

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