Morning Brief October 8th 2024

ECONOMIC HEADLINES

| MOROCCO | GDP | Economic growth would have reached 2.8% in Q3 2024
According to HCP, the national economy would have recorded a growth rate of +2.8% in Q3 2024 driven by the increase of +3.6% in non-crop added value while crop added value would have decreased by -4.1%. In Q4 2024, HCP forecasts a growth rate of +2.5%.

| CÔTE D’IVOIRE | COCOA | Cocoa bean production down 19% in H1 2024
According to the Department of Forecasts, Policies and Economic Statistics, the production of cocoa beans in Côte d’Ivoire fell by 18.9% in H1 2024 to 721,743 tons against 889,979 tons in H1 2023.

 

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