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Household consumption declines in 1999
Morocco, Economics, 3/18/2000

After an increase of 4.9% in 1998, the consumption of Moroccan households regressed by 1.1% in 1999, says the department of economic studies and forecasts.

The department ascribes the slowing down in households consumption to agriculture hardships, coupled with a degradation of the labor market and the stagnation of families revenues.

A survey of the living standard of families covering the 1998-1999 period said families use 43.1% of their budget for buying food, 21.4% for housing, 6.9% in medical and hygiene expenses, 6.5% in transportation and communication and 4.5% in education, culture and leisure.

Previous Stories:
  Morocco's state budget posts $420 million surplus   (3/16/2000)
  Morocco's foreign trade increases by 5.4% in 1999   (3/7/2000)
  Morocco's GDP posted 6.5 % jump in 1998, report   (9/24/1999)

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