This forecast takes into account a contraction in agricultural activities of 14.1% and an increase in non-agricultural activities of 2.9%, specifies the HCP in its economic update for the second quarter of 2022 and outlook for the third quarter. .
At the global level, the prospects for economic growth would remain marred by strong uncertainties, noted the same source, adding that international trade in goods should benefit from the relative improvement in trade between advanced economies and China, but its dynamics would remain dependent on the changing trajectory of global inflation, geopolitical tensions in Ukraine, the health situation and the impact of tighter monetary policies on investment and consumption.
In this context, global demand addressed to Morocco would increase by 4.2%, in annual variation, instead of +7.3% during the same period a year earlier, estimates the HCP.