Morning Brief october 11th, 2023

ECONOMIC HEADLINES
| MOROCCO | GDP | Economic growth would have settled at 2.4% in Q3 2023
According to HCP, the national economy would have grown by 2.4% in Q3 2023. This was driven by the 6.0% increase in crop value added and 2.4% of non-crop activities. In Q4 2023, HCP forecasts a growth rate of 2.6%.

| SENEGAL | INFLATION | An inflation rate of 3.8% in September 2023
According to the National Agency for Statistics and Demography (ANSD), Senegal's Harmonized Consumer Prices Index de-creased by 0.3% in September 2023 compared to the previous month. Year-on-year, the inflation rate stands at 3.8%.

| TUNISIA | GDP | The IMF forecasts a growth rate of 1.3% in 2023
According to data released on October 10th 2023, the IMF maintains its growth forecasts for the Tunisian economy unchanged at 1.3% in 2023 compared to 2.5% in 2022. In 2024, the IMF forecasts a growth rate of 1.9%.

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