Monday, July 2, 2007

Morocco Q1 GDP growth slows to 1.9 pct year-on-year

(Reuters) - A slump in agriculture meant Morocco's gross domestic product (GDP) growth slowed to 1.9 percent in the first quarter from 6.7 percent a year earlier, the country's High Planning Commission said on Monday.

Farm production fell by 18 percent in the first three months of 2007 compared to the same period a year earlier, the HCP said in a statement on its Web site, while non-agricultural growth was 4.7 percent.


Read more at Reuters Africa

No comments: