The results of the constant research on the situation of families during the fourth quarter of 2018, which was achieved by the High Commission for Planning, showed that the level of household confidence has deteriorated significantly.
The Household Confidence Index moved to 79.8 points from 82.5 points in the previous quarter and 85.9 points in the fourth quarter of last year.
The average number of households that reported a deterioration in the standard of living during the previous 12 months was 41.2%, 31% were stable and 27.8% were improving. The balance of the index stabilized at a negative level of minus 13.4 points, With the previous quarter or with the same quarter last year where the record minus 9.5 points and minus 3.8 points respectively.
As for the development of the standard of living over the next 12 months, 25.7% of households expect their deterioration and 39.6% stability while 34.7% expect improvement. Thus, the balance of this index reached 9 points, compared with 11.9 points during the previous quarter and 11.5 points during the same period last year.
In terms of unemployment, 78.8% of households expect unemployment to rise by 8.8% in the next 12 months. The balance of this index stabilizes at a negative level of minus 70 points, indicating a decline either in comparison to the previous quarter or with the same From last year’s record of minus 65.2 points and minus 58.5 points respectively.
In terms of the financial situation of households, 62.8% of households reported that their income covered their expenses, 32.8% of their savings were depleted or they resorted to borrowing; the percentage of households that managed to save part of their income was 4.4% , The balance of households’ views on their current financial position stabilized at a negative level of minus 28.4 points compared to minus 29.7 points during the previous quarter and minus 24.4 points during the same period last year.
In terms of the development of the financial position of households during the past 12 months, 31.6% of households said their improvement compared to 10.9% of the deterioration. This scenario remained negative, reaching 20.7 points versus minus 18.2 points recorded during the previous quarter and minus 16.7 points recorded during the same period of 2017.
As for households’ perception of the development of their fiscal position over the next 12 months, 30.3% of them expect their improvement compared with 11.2% which is expected to deteriorate. The index balance stabilizes at 19.1 points compared to 18.2 points during the previous quarter and 19.2 points during Same quarter last year.
In terms of food prices, 90.4% of households said that food prices had increased during the last 12 months, while only 0.1% saw the opposite, which left the balance of the index at a negative level of minus 90.3% Point minus minus 88.1 points during the previous quarter and minus 88.5 points during the same period last year.
As in the case of research and identification of quarterly indicators, the High Commissioner for Planning, as at the end of each year, calculated the balances of household perceptions of other components related to its surroundings and the development between 2017 and 2018 of household views on the status of human rights and the preservation of the environment and the quality of some public services.
The results showed that during the year 2018, the percentage of households who reported improvement in the quality of administrative services decreased by 53.5% compared to 1.6% in 2017; 3.13% of the households said that the human rights situation in Morocco improved, 39.2% of the households said that the quality of environmental protection in Morocco improved while 21.4% considered it to have declined; 19.9% of the households saw an improvement in the quality of education services, while the percentage of households approved With a deterioration of 45 per cent; 6.6 per cent of households considered that health services had improved, while 61.4 per cent said they had deteriorated.