Morocco’s High Commission for Planning (HCP) carried out the Permanent Household Status Survey that revealed the household confidence index for Q2 2022 continued its downward trend, hitting an all-time low.
The household confidence index (ICM), which includes components related to the households’ perception of the standards of living status, unemployment, the opportunity to make purchases of durable goods and their financial situation, stood at 50.1 points instead of 53.7 points a quarter earlier and 63 points in the same quarter of 2021.
