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Morocco GDP Rises 4.8 Percent Yr/Yr in Q2, Forecast to Slow 4.1 Percent in Q3

Source: www.export-egypt.com 7/2/2017, Location: Africa

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Morocco's economy grew 4.8 percent year-on-year in the second quarter, the country's planning agency said, pushed largely by a 17.4 percent recovery in agricultural output helped by heavy rainfall after a severe drought last year.

Gross domestic product growth should slow slightly to 4.1 percent in the third quarter of 2017, compared with 1.3 percent a year earlier, the agency said, in figures released late.

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