MEDI1TV Afrique : JT Economie - 21/06/2024
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00:00Hello and welcome, it's time for your economic newspaper.
00:10We are starting our edition of this Friday in Morocco.
00:13The index of consumption prices recorded in May an increase of 0.4% compared to May of the year 2023.
00:21According to the Haut Commissariat aux Plans, this increase is the consequence of an increase in non-food products of 1.7% and a decrease in food products of 1.2%.
00:34For non-food products, the variations range from a decrease of 1.2% for health to an increase of 3.2% for restaurants and hotels.
00:43The most important decreases have been recorded in Huseyma with 1%, in Kenitra with 0.8%, in Fez with 0.7%, in Oujda with 0.5%, in Citouan Tangestat with 0.2%.
00:59However, increases have been recorded in Gelmim with 1%, in Laayoune with 0.7%, in Marrakech and Dakhla with 0.3% and in Agadir and Benimellel with 0.2%.
01:13Still in Africa, the FMI will unlock $ 786 million to help Tanzania face climate change.
01:21A sum that is added to a loan of $ 1 billion awarded in 2022 and a new face will be unlocked.
01:28In the details, a 23-month agreement on the facility for resilience and durability of an amount of about $ 786.2 million has been approved by the FMI's board of directors.
01:41It has also announced another $ 149.4 million allocation for budget support.
01:50This aid is part of a loan of $ 1.046 billion over 40 months, which was awarded in July 2022 through a so-called expanded credit facility program, in order to help the country face the consequences of the war in Ukraine.
02:07Now let's go to the euro area, where the resumption of private sector activity has been strongly blown up in June. Manufacturing activity has even recorded its strongest rebound in six months, according to the PMI Flash index published on Friday.
02:23The index, calculated on the basis of business surveys, slipped to 50.8 against 52.2 in May, thus reaching its lowest level in three months.
02:34Certainly, this index still indicates a progression of activity for the fourth consecutive month, but at a strongly slowing pace.
02:42Note that a figure higher than 50 indicates an increase in activity, while a lower figure reflects a contraction.
02:50We stay in the euro area, more precisely in France. Private sector activity has receded in June for the second consecutive month, penalized by a drop in demand.
03:02According to the SP Global office and the Hamburg Commercial Bank, the PMI Flash index was established at 48.2 in June, reinforcing its contraction after 48.9, i.e. a decline in May.
03:17At the beginning of our edition today, the price increase in consumption in Japan accelerated in May by 2.5% over a year, after slowing down in March-April, according to government figures.
03:31This acceleration is slightly lower than expected, excluding energy. Inflation slowed down for a ninth month in a row.
03:39The Japanese economy slightly contracted in the first quarter, and a rather pushy recovery is expected later.
03:46The yen remained ultra-weak this Friday against the dollar, which is again approaching the 160 yen bar it had expected at the end of April.
03:56We continue our newspaper in Russia. The gross domestic product increased by 5.1% in the first four months of 2024.
04:06According to the Russian Prime Minister, the economy continued to adapt in 2023 to changing conditions in the global market and increased its resistance to all sanctions and external shocks.
04:18Non-oil and gas revenues increased by nearly 45% compared to January-March of last year.
04:25The results are significant in the energy, aviation, food, naval construction and mineral fertilizers sectors.
04:34According to the latest forecasts from the World Bank, revealed in June, Russia's GDP should grow by 2.9% in 2024 and 1.4% the following year.
04:46This is the end of our edition today. Thank you for following it. Good luck with the programs on our antenna.