Morocco’s Economic Growth Rate to Slow to 2.5% in Q1 2019

Morocco’s economic growth is projected to fall 2.5 percent in the first quarter of 2019.

The country’s High Commissioner for Planning expects the growth rate to fall to 2.5 percent in the first quarter this year from 3.3 percent recorded in the first quarter of 2018.

The drop is due to an anticipated 0.7 percent fall in agricultural value added production.

Non-agricultural production growth is expected to increase to 2.9 percent in the first quarter.