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Increase in Household Confidence Index in the First Quarter of 2026

PUBLISHED April 20, 2026
Increase in Household Confidence Index in the First Quarter of 2026

Household Confidence Index Shows Positive Trends

On April 20, 2026, the High Commissioner for Planning reported a significant improvement in the Household Confidence Index, which reached 64.4 points during the first quarter of 2026. This marks a notable increase from the 46.6 points recorded during the same period in the previous year. The findings were derived from a comprehensive survey conducted by the High Commissioner, highlighting a positive shift in household sentiment compared to both the previous quarter and the first quarter of 2025.

Despite this increase, the survey revealed that a substantial 75.1% of households reported a decline in their living standards over the past 12 months. In contrast, only 19.1% noted stability, and a mere 5.8% experienced an improvement. Consequently, the net balance for this particular indicator remained in negative territory at -69.3 points. Looking ahead, 45.1% of households anticipate a worsening of their living standards in the next year, while 38.5% expect stability, and 16.4% foresee an improvement, leading to a net balance of -28.8 points, although this also reflects an improvement from prior assessments.

Regarding employment prospects, 57.9% of households predicted an increase in unemployment over the next 12 months, with the net balance for this indicator improving yet still remaining negative at -34.7 points. Additionally, 66.9% of households deemed the conditions unsuitable for purchasing durable goods, resulting in a negative net balance of -51 points.

Financially, 59.9% of households indicated that their incomes adequately covered their expenses, while 37.5% either depleted their savings or resorted to borrowing. Only 2.5% of households reported being able to save a portion of their income, reflecting a negative net balance of -35 points regarding their current financial situation. When assessing the financial situation over the past year, 41.5% reported deterioration compared to 4.8% who noted improvement, yielding a net balance of -36.7 points.

Looking ahead, 21.1% of households expect their financial conditions to improve in the coming year, against 15.3% who foresee a decline, resulting in a net balance of 5.8 points, which displays a positive change compared to previous evaluations. The Household Confidence Index is derived from seven indicators: four concerning the overall economic situation and three related to family-specific circumstances, including past and future living standards, employment expectations, and current and future financial situations.

As reported by maroc.ma.

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