Morocco's GDP growth falls to 2.1% in fourth quarter
2008-03-31
Morocco's GDP growth in the fourth quarter of 2007 fell to 2.1%, from 8.1% in the same period in 2006, the High Commissioner for Planning (HCP) said on Friday (March 28th). Poor weather conditions were largely to blame for a 19.4% year on year decline in crop production. A 6% increase in non-agricultural GDP growth was unable to offset the impact of the agricultural slump. Apart from the mining and energy sector, which fell by 1.8%, industrial output was up 4.7%, driven largely by growth in the construction and public works sectors, which expanded by 8%.
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nana Posted 29 days ago
Thank you for the information. I would like to have more info about consumption and inflation in 2008.
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