JT Economie - 27/06/2023
MEDI1TV Afrique : JT Economie - 27/06/2023
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00:00 Welcome to Mediantv, it's time for your daily meeting with the economic news.
00:11 We open this edition in Morocco, where we are interested in the tourist sector, which is experiencing good days.
00:17 Over the first five months of the year, travel revenues have reached 40.6 billion dirhams,
00:23 against 21.2 billion dirhams at the same time last year, an increase of 91.5% according to the exchange office.
00:33 Thus, these revenues exceed the level reached at the end of May 2020 of 19.8 billion dirhams
00:40 and that of the end of May 2019 of 28.6 billion dirhams.
00:45 For their part, Moroccan travel expenses abroad at the end of May are 9.2 billion dirhams
00:53 against 6 billion dirhams at the same time last year.
00:57 The travel surplus is 31.4 billion dirhams at the end of May 2023
01:04 against only 15.2 billion dirhams at the same time in 2022.
01:10 Still in Morocco, the price index for the manufacturing industry sector
01:17 has shown a slight drop of 0.2% in May compared to April last year, according to the HCP.
01:24 This decrease is the result of a drop of 3.1% of metallurgy prices,
01:30 0.5% of the manufacture of electrical equipment and 0.3% of the automotive industry.
01:39 This situation is also the result of a rise of 0.1% of food industry prices,
01:46 0.5% of the clothing industry and 0.2% of the textile industry.
01:53 For their part, the price index for the production of the extractive industry sectors,
01:59 production and distribution of water and electricity, has seen a stagnation in May.
02:06 We are now interested in the trade deficit in Morocco.
02:09 It was established at more than 116 billion dirhams at the end of May 2023,
02:14 an increase of 1.7% compared to the same period in 2022, according to the exchange office.
02:21 Imports increased from 2.2% to more than 300 billion dirhams.
02:28 And exports have progressed from 3.6% to more than 184 billion dirhams.
02:35 It should be noted that the increase in goods imports is due to the purchase of goods,
02:41 finished products and food products.
02:45 Energy products supplies have seen a drop of 5.8%.
02:51 As for goods exports, their increase mainly concerns the automotive sector,
02:59 textile and leather and electronics and electricity.
03:03 And in international news, the European Central Bank will continue its rate increases in July,
03:11 because it is too early to cry victory in the fight against inflation in the euro zone.
03:16 This is what the president of the bank, Christine Lagarde, said.
03:20 The financial institution decided, at its last meeting of monetary policy in June,
03:26 an eighth increase in its rate of directors in less than a year.
03:30 It has thus brought its reference rate on deposits to 3.5%.
03:35 As a reminder, the European Central Bank launched a year ago
03:40 in this cycle of monetary tightening to counter the price flambe.
03:44 Note that the price increase in the euro zone has fallen to 6.1% over a year in May,
03:51 far from the record of 10.6% reached in October,
03:55 but also far from the 2% target pursued by the European Central Bank.
04:00 And finally, Canada, where inflation slowed in May,
04:05 according to expectations to reach 3.4% against 4.4% in April,
04:12 has been its lowest level for two years.
04:15 This drop is due to a calm in energy prices,
04:19 even if those of food stocks remained in high rise according to official statistics.
04:25 The index of mortgage interest rates, which soared by 29.9%,
04:31 was at the origin of the rise in the price index over a year.
04:36 To fight against inflation, the Bank of Canada has raised its main rate of directors from 0.25% to 4.75%
04:47 three months after being the first major central bank to mark a break in its highs.
04:53 This is the end of this edition. Thank you for staying with us.
04:57 Very good follow-up of programs on Mediantv.
05:00 [Music]