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GDP increase of 4.2% in the 1st quarter of 2025 – Telquel.ma

L‘Economy would have experienced a revival of activity in the quarter of 2025, with a planned increase of 4.2% of the added value outside agriculture, in annual variation ”, Indicates the HCP, adding that the dynamics of domestic demand would have remained supported and the strongly negative contribution of external exchanges would have reduced to -1.1 points, under the effect of a slowdown in imports and a low export dynamics.

By branch of activity, it would be mainly merchant services, in particular those of accommodation, extractive industries and construction activities, which would have drawn growth, with an increase in their added ​​of 13.2%, 6.7% and 6.4% respectively in annual variations, specifies the same source.

Manufacturing activity, more dependent on foreign trade impulses, would have experienced a moderation of its growth with a reduction of 0.2 point in its contribution to economic growth.

Regarding demand, it would have remained the base of this performance.

Improving income linked to socio- measures, including increases in wages in the private sector and public administrations and the downward revision of income tax, would have increased an increase in their consumption expenses of 4.5%, despite consumer prices resumption, notes the HCP.

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