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Households’ Future Capacity to Save: Pessimistic Perceptions in Q4-2022 (Statistics Office)

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 Households in the fourth quarter of 2022 were pessimistic about their ability to save over the next 12 months, according to Morocco’s statistics office HCP.

« In the fourth quarter of 2022, 11.1% against 88.9% of households expect to save over the next 12 months, » said the High Commission for Planning (HCP), in an information note on the results of the permanent households’ survey.

The balance of opinion on this indicator remained negative, at -77.8 points instead of -78 points in the previous quarter and -69.5 points in the same quarter of last year, the same source said.

The HCP also indicates that all households (98.9%) say that food prices have increased over the past 12 months. The balance of opinion remained negative, at -98.8 points, after being -99.1 points a quarter earlier and -95.9 points a year earlier.

 

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