Morocco: Growth slowdown, 2nd Q GDP +2.6%
Rabat - ANSA
Morocco's growth slowed slightly in the second quarter of 2012, with GDP up 2.6%, down from 2.8% in the previous quarter, according to figures released on Thursday by the Moroccan High Commission for Planning (HCP). Third quarter GDP growth is projected at 2.9%, HCP said. A 9.8% drop in added value from the agricultural sector was behind the slowdown, according to La Vie Eco newspaper. That sector was down 8.3% in the first quarter. Hard wheat, soft wheat and barley dropped 39.3% over 2011, the paper said. Non-farming sectors performed well at +4.6% in the first quarter, +4.7% in the second quarter, and up a projected 4.8% in the third quarter.
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Buenos Aires - AFP
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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