Morocco’s Economic Growth Slows as Domestic Demand Drives 2018 Performance

"This growth was driven by domestic demand in the context of a still-controlled rise in inflation and a significant increase in the financing needs of the national economy," the HCP said, according to which the primary sector recorded growth of 4.1% compared to 13.4% a year earlier.

The secondary sector showed a volume growth rate of 3% instead of 3.2% in 2017, according to the note on the national economic situation in the 3rd quarter of 2018.

As for the value added of the tertiary sector, it showed an increase of 2.9% instead of 2.3% in 2017, thanks to the activities of trade (4.4%), services provided by the general public administration and social security (3.2%), posts and telecommunications (1.7%) and education, health and social action services (0.8%).