MEDI1TV Afrique : JT Economie - 17/10/2024
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00:00Hello and welcome, it's time for your economic news in Morocco.
00:13The results of the joint survey carried out by the High Commissioner for the third quarter
00:19show a moderate improvement in the perception of households on their savings capacity.
00:25Indeed, 10.9% of households anticipate a savings capacity in the next 12 months
00:31against 89.1% who do not foresee it.
00:35In parallel, 97.5% of households have seen an increase in food prices
00:42over the last 12 months, an indicator of progress compared to the previous quarter
00:47where this figure was minus 96 points.
00:51As for the future evolution of food prices, 84.4% of households expect a new increase
00:59over the next 12 months, while 14.7% foresee stability and only 0.9% anticipate a decrease.
01:08Note that the balance of opinion has deteriorated to minus 83.5 points, confirming persistent concerns.
01:17In Morocco, the density of companies has recorded considerable growth in recent years.
01:24According to the Moroccan Observatory of the Very Small, Small and Medium Enterprises,
01:28this dynamism is the result of a strong entry and creation rate of companies
01:33coupled with an exceptionally low output rate of 1.2%.
01:38However, the output rate of FACTO, which includes inactive, undissolved companies, remains high at 7.3%.
01:45This suggests, according to the same source, difficulties in the liquidation and bankruptcy procedures in Morocco.
01:52The joint report of the World Bank and the Observatory also emphasizes that Morocco
01:57faces a low growth rate of high-potential companies, thus slowing job creation.
02:04The document calls for the implementation of policies promoting productivity to stimulate economic growth
02:10and encourage the creation of new large companies.
02:14In addition to national economic news, the landings of coastal and artisanal fishing
02:19at ports located on the Mediterranean in Tintin, 12,023 tons,
02:24at the end of September last year, decreased by 13% compared to the same period of the previous year.
02:30According to the National Fisheries Office, these landings are worth 9%,
02:35at more than 561 million dirhams over the first nine months of the year,
02:40compared to the same period a year earlier.
02:43At the national level, the landings of commercialized products of coastal and artisanal fishing
02:49reached more than 936,300 tons at the end of September,
02:53an increase of 2% compared to the same period a year earlier.
02:57These landings are worth an increase of 8%, at more than 8.46 billion dirhams.
03:05In international economic news, British inflation reached its lowest level in September
03:11for three years, at 1.7%, a figure lower than expected,
03:16which should push the Bank of England to lower its interest rates by the end of the year.
03:22This decline is explained, according to the National Office of Statistics,
03:26by the decrease in price of plane tickets and oil,
03:29partly counteracted by increases in food and non-alcoholic drinks prices.
03:35Oil has been declining for several months
03:38due to global demand forecasts seen decreasing
03:41by the Organisation of Petroleum Exporting Countries
03:44and an abundant production expected next year.
03:47This slowdown in inflation is good news for the British government,
03:52in search of positive announcements two weeks from the presentation of its first budget.
03:58Internationally, it is a new sign of the bad pace that the European aerospace industry is going through.
04:06Airbus intends to remove up to 2,500 jobs in its satellite-producing branch.
04:13The company has said it wants to rationalize its organization to improve competitiveness in the future.
04:20The modalities of these reductions in cash have not been specified immediately,
04:25but the airliner has said it wants to avoid restrictive and promised measures
04:29that should limit the social impact of this decision.
04:32According to the management of the airliner,
04:34Airbus has been affected for several years by a very difficult business climate,
04:39with supply chain disruptions, changes in the conduct of conflicts
04:44and pressure on costs due to budgetary constraints.
04:48Last year, Airbus had already registered a charge of 600 million euros in its accounts
04:53for this same space activity,
04:56represented in 2023 about 2 billion euros of turnover out of the 65.4 billion made by the group.
05:05This is the end of our edition today, excellent follow-up of the programs on our antenna.