摩洛哥CFG25指数 (CasablancaCFG25) 加自选

2025年第一季度，摩洛哥的失业率从去年同期的13.7%降至13.3%，失业人数减少了1.5万人，降至163.0万人，就业人数增加了28.2万人，达到1061.9万人。与此同时，劳动力增加了26.6万人，达到1224.9万人。年轻人失业率从35.9%上升到37.7%，而毕业生失业率从20.3%下降到19.4%，女性失业率从18.3%微升到18.5%。在就业人口中，服务业创造了21.6万个新工作岗位，工业部门增加了8.3万个，建筑业创造了5.2万个工作岗位。与此同时，农业、林业和渔业部门减少了72000个工作岗位。

The unemployment rate in Morocco declined to 13.3% in Q1 of 2025, down from 13.7% in the same period of the previous year, as the number of unemployed decreased by 15 thousand to 1.630 million and the number of employed increased by 282 thousand to 10.619 million. Meanwhile, the workforce climbed by 266 thousand to 12.249 million. The unemployment rate among young people rose to 37.7% from 35.9%, while it dropped to 19.4% from 20.3% among graduates and edged up to 18.5% from 18.3% among women. Among the employed, the service sector created 216,000 new jobs, the industrial sector added 83,000, and the construction sector contributed 52,000 jobs. Meanwhile, the agriculture, forestry, and fishing sectors saw a decline of 72,000 jobs.

2025年3月，摩洛哥的年通货膨胀率从2月份的15个月高点2.6%降至1.6%。这标志着自去年12月以来最疲软的步伐，食品和非酒精饮料的涨幅是三个月来最低的（2.3%对2月份的4.7%）。此外，服装和鞋类（1.0%对1.1%）、杂项商品和服务（1.7%对1.8%）以及酒精饮料和烟草（2.3%对2.9%）的价格有所放缓。此外，交通（-2.4%对-1.7%）和娱乐文化（-0.5%对-0.1%）的成本下降速度更快。按月计算，3月份消费者价格指数下降0.3%，这是三个月来的首次月度下降，扭转了2月份0.3%的涨幅。

The annual inflation rate in Morocco slowed to 1.6% in March 2025 from February's 15-month high of 2.6%. This marked the softest pace since last December, with food and non-alcoholic beverages rising the least in three months (2.3% vs 4.7% in February). Also, prices moderated for clothing and footwear (1.0% vs 1.1%), miscellaneous goods and services (1.7% vs 1.8%), and alcoholic beverages and tobacco (2.3% vs 2.9%). Additionally, costs declined at a faster pace for transport (-2.4% vs -1.7%) and recreation and culture (-0.5% vs -0.1%). On a monthly basis, consumer prices fell by 0.3% in March, the first monthly decline in three months, reversing a 0.3% rise in February.

2024年第四季度，摩洛哥的国内生产总值同比增长3.7%，此前三个月增长了4.3%，这是自2021年第四财季以来的最快增长。家庭消费增长4.1%，政府支出增长4.8%，固定投资激增15.3%。与此同时，净外部需求对GDP增长产生了负面影响，出口增长9.2%，进口增长15.6%。在生产方面， 非农业活动增长4.4%，工业生产增长4.9%，主要得益于采掘业（6.5%）、制造业（3.7%）、建筑业（7%）和公用事业（5.7%）的增长。服务业增长4.2%，主要受旅游业推动，酒店和餐馆增长12.8%。另一方面，农业部门收缩了4.9%。

Morocco's GDP expanded by 3.7% year-on-year in Q4 2024, following a 4.3% rise in the previous three-month period, which was the fastest growth since Q4 2021. Household consumption grew by 4.1%, government spending rose by 4.8%, and fixed investment surged by 15.3%. Meanwhile, net external demand contributed negatively to the GDP growth, as exports rose 9.2% and imports advanced 15.6%. On the production side, non-agricultural activities rose by 4.4%, with industrial production up 4.9%, fueled by growth in the extraction industry (6.5%), manufacturing (3.7%), construction (7%), and utilities (5.7%). Services increased by 4.2%, primarily driven by tourism, with hotels and restaurants rising by 12.8%. On the other hand, the agricultural sector contracted by 4.9%.

摩洛哥的年通货膨胀率从上个月的2%上升到2025年2月的2.6%。这是自2023年12月以来的最高读数，因为食品和非酒精饮料（1月份为4.7%对3.4%）、服装和鞋类（1.1%对0.9）以及餐厅和酒店（3.7%对3.5%）的价格加速上涨。与此同时，运输成本下降速度较慢（-1.7%对-2.7%）。与此同时，酒精饮料和烟草（2.9%对3%）以及杂项商品和服务（1.8%对2%）的通胀放缓，而娱乐和文化的通胀则有所下降（-0.1%对0.2%）。按月计算，2月份消费者价格指数上涨0.3%，较前一时期2%的涨幅有所放缓。

The annual inflation rate in Morocco rose to 2.6% in February 2025 from 2% in the previous month. This marked the highest reading since December 2023, as prices accelerated for food and non-alcoholic beverages (4.7% vs 3.4% in January), clothing and footwear (1.1% vs 0.9), and restaurant and hotels (3.7% vs 3.5%). At the same time, costs declined at a softer pace for transport (-1.7% vs -2.7%). Meanwhile, inflation slowed for alcoholic beverages and tobacco (2.9% vs 3%) and miscellaneous goods and services (1.8% vs 2%), while it decreased for recreation and culture (-0.1% vs 0.2%). On a monthly basis, consumer prices rose by 0.3% in February, slowing from a 2% increase in the preceding period.