Morocco GDP Rises 1 percent year-on-year in Q3

RABAT (Reuters) – Morocco’s economy grew 1 percent year-on-year in the third quarter of 2016, up from 0.5 percent in the previous three months, due to a severe drought that hit the agricultural sector, the planning agency said on Monday.

The agency expects Moroccan gross domestic product (GDP) growth to slow to 0.8 percent in the fourth quarter of the year.

(Reporting By Aziz El Yaakoubi Editing by Jeremy Gaunt)


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