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Is Morocco’s 4.7% growth forecast sustainable amid surging oil prices?

Meknes, Morocco Photo @ Unsplash
Meknes, Morocco Photo @ Unsplash
  • Agriculture surge lifts growth above regional peers
  • Oil price shock threatens inflation and demand

 

RABAT, MOROCCO – Morocco’s economy is forecast to grow 4.7% in the second quarter of 2026, easing from 5% in the first, as rising energy prices linked to the Iran war test a rare agricultural windfall.

According to Morocco’s High Commission for Planning (HCP), national output “would stand at 4.7% in the second quarter, after 5% in the first,” reflecting a still-resilient expansion driven largely by a rebound in agriculture.

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