Morning Brief october 26th, 2023

ECONOMIC HEADLINES
| MOROCCO | GDP | An growth rate of 2.3% in Q2 2023
According to the monthly review of the economic, monetary and financial situation of Bank Al Maghrib, the growth of the Moroccan economy reached 2.3% in Q2 2023 compared to 2.2% in Q2 2022. This related to an increase of 6.3%, after a drop of 13.5% in crop value added and a slowdown from 4% to 2.1% in the non-crop activities.

| CÔTE D’IVOIRE | INFLATION | An inflation rate of 4.2% in September 2023
According to the National Institute of Statistics of Côte d'Ivoire, the Harmonized Consumer Prices Index recorded an increase of 0.6% in May 2023 compared to the previous month. Year-on-year, the inflation rate stands at 4.2%.

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