Thursday , January 23 2020
Home / morocco / Limited growth in the first quarter

Limited growth in the first quarter



[ad_1]

As expected, growth fell in the first quarter, year after year. According to data from HP, the national economy grew 2.8% in the first three months of the year, compared to 3.5% in the same period of 2018. This limited growth continues supported by demand. although it also decreased at the end of March.

In detail, the added value of the primary sector in volume decreased by 1.1% during the period, compared to 3.1% a year before 2018. The secondary and tertiary sectors recorded a growing growth. The added value of non-agricultural activities increased 3.8% instead of 3.3% in the first quarter of 2018. Domestic demand registered a growth rate of 3.3% in the first quarter of 2019 in 4.3% in the same period last year contributed 3.6 points to the national economic growth instead of 4.7 points in the previous year.

[ad_2]
Source link