Heba Press/. Rabat
The High Commission for Planning reported that the rate of households who reported that their standard of living had deteriorated over the previous 12 months was 80.6 percent, while 14.6 percent of them said reported it to be stable and only 4.8 percent improved. the balance of this indicator stabilized at a negative level of minus 75.8 points, compared to minus 78.2 points during the previous quarter and minus 81.5 points during the same quarter of last year.
As for the evolution of the standard of living over the next 12 months, 56.9 percent of families expect it to deteriorate, 35.5 percent expect it to stabilize, while 7. 6 percent expect an improvement, so the balance of this indicator stabilizes at a negative level. level, amounting to minus 49.3 points compared to minus 46.1 points during the previous quarter and minus 41.7 points during the same quarter of last year.
The delegation indicated in its latest information note on the results of the study of the situation of families, concerning the capacity of families to save, that 54.9 percent of families declared, during the third quarter of year 2024, that their income covered their expenses. , while 42.2 percent had exhausted their savings or resorted to borrowing.
The rate of families having been able to save part of their income does not exceed 2.9 percent, and thus the balance of opinions of families on their current financial situation has stabilized at minus 39.3 points, against minus 40 points in during the previous quarter and minus 40.2. points during the same quarter last year.
Regarding the change in the financial situation of families over the last 12 months, 53 percent of families said it had deteriorated, compared to 4.6 percent. Thus, the balance of this index stabilized at a negative level of minus 48.4 points, thus recording an improvement whether compared to the previous quarter or with the same quarter of the previous year, where it stabilized at minus 53.2 points and minus 53.3 points, respectively. .
As for families’ perception of the evolution of their financial situation over the next 12 months, 15 percent of them expect an improvement, 51.9 percent a stabilization and 33.1 percent a deterioration. Thus, the balance of this index stabilized at a negative level of minus 18.1 points, compared to minus 13.9 points during the previous quarter and minus 4.6 points during the same quarter of the previous year.
High food prices
According to the Planning Commission, 97.5 percent of families reported in the third quarter of 2024 that food prices had increased over the past 12 months, while only 0.3 percent noted the opposite. Thus, the balance of these opinions stood at a negative level of minus 97.2 points, instead of minus 96 points during the previous quarter and minus 97.9 points during the same quarter of last year .
As for the evolution of food prices over the next 12 months, 84.4 percent of families expect them to continue to increase, 14.7 percent to stabilize and 0.9 percent to decrease . Thus, the balance of this index stabilized at a negative level of minus 83.5. points Compared to minus 79.1 points in the previous quarter and minus 66.2 points in the same quarter of the previous year.
During the third quarter of 2024, 78.7 percent of families considered that the conditions were not suitable for purchasing durable goods, while 9 percent saw the opposite, and thus the balance of this index stabilized at a negative level, amounting to minus 69.7 points, compared to minus 69.4 points during the previous quarter and minus 71.5 points during the same quarter of last year.
