Morocco Food & Drink Q3 2019
Real GDP growth in Morocco is forecast at 3.4% over 2019-2023, up from an estimated 2.8% in 2018 and putting thecountry well above the weighted MENA average of 1.9%. This will support increased consumer spending on both essential and non-essential food and drink items, delivering healthy and stable growth rates for the industry. Together with the increasing urbanisationof Morocco’s population, the demand for modern retail space will continue to drive investment in the country’s mass grocery retailsector.
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