Quarterly National Accounts (3rd quarter 2022)

The threeth quarter of the Year 2022 is tagged by an improvement from economic activity, reflected ine by a crIdleness of the Gross domestic product (GDP) from 3,6% per rContribution to quarter corresponding in 2021.
On the supply side, this trend is the result of the good performance of activities in the primary and tertiary sectors, which achieved positive growth rates of their economic activities. The primary sector posted growth of 4.0% for a contribution of 0.8 points,
The secondary sector achieves a rate of growth by 0.8
%
and weakly controlled
by
0.2 and

the tertiary

sector
,
with one growth by 4.9
%,


contributed

from 2.5 points to GDP growth
.
In the primary sector, allperformed well in the quarter. Forestry is in the lead and theforestry with 0.4 percentage points of contribution to GDP growth. It is followed by subsistence agriculture (0.2 points), while industrial export agriculture and livestock, hunting and fishing each contributed 0.1 percentage points to GDP growth. The relatively modest performance of activities in the secondary sector is the result of the continued recession in activity in the mining and quarrying industries (-5.9% after -2.3%) despite the good performance in other sectors.other branches. Indeed Growth in the sector remained positive thanks to continued activity in construction (0.1 contribution point), improvement in the agri-food and other manufacturing industries, which contributed 0.2 percentage points respectively. each to the growth of the sector. Finally Water and sanitation production activity held up well during this quarter, while electricity production and distribution activity showed a slight decline. The tertiary sector remained the engine of economic growth during the quarter, with a 2.5 percentage point contribution to GDP growth, All the branches that make it up contributed to this improvement, particularly non-market services of general government (0.7 points), trade and repair, transport and financial services each of which marks a contribution of 0.4 points. Also, the Information and communication services (0.2 points), remained on the good growth momentum as in the previous quarter, driven by the gradual increase in Internet consumption.
On the demand side

, GDP growth
in the quarter was mainly driven by consumption

final Evolving

by 3.9% compared to the same period in 2021
,
despite the continuous rise in prices reflected in an
inflation

of
7,0% This Quarter after 5.8% in the previous quarter. Indeed la consumption final, Worn by each

of his
components, private

e
and publishedthat, ContributeGDP growth was boosted by 3.2 percentage points. PAr elsewhere, the increase of the Demand for capital goods private Contra
s

ted by
The fall in public investment




has led to
a change in


GL

obale
investments 1.2


% for



a cost

of 0.2


point growth
,
The dynamics of foreign trade
marked by a
slight contraction of imports in volume and a moderate

increase in exports


contributed
to the
to be deteriorated

the deficit of the balance of the balance of trade


, which


deficit of 5.4
% of GDP
quarterly
.

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