Morocco’s Consumer Price Index rises 0.4% in June

Morocco’s Consumer Price Index rises 0.4% in June
MAP
Tuesday 22 July 2025 - 12:55

Morocco’s Consumer Price Index (CPI) rose by 0.4% in June 2025 compared to the previous month, according to the latest figures released Tuesday by the High Commission for Planning (HCP).

The increase was driven primarily by a 0.8% rise in food prices and a more modest 0.1% uptick in non-food items, the report said.

Core inflation, which excludes goods with volatile prices and items with state-controlled prices, also recorded a notable rise. It climbed 2.0% month-over-month and 1.1% year-over-year, reflecting underlying inflationary pressures in the economy.

Meat Prices Continue to Climb

Among food items, meat saw the sharpest increase at 4.0%, followed closely by seafood at 3.9%. Prices also rose for coffee, tea, and cocoa (1.8%), fruit (1.3%), and dairy products including milk, cheese, and eggs (0.2%).

On the other hand, some categories saw price declines. Vegetable oils and fats dropped by 1.6%, vegetables by 0.6%, and bread and cereals by 0.4%.

For non-food goods, the most significant change was a 0.3% increase in fuel prices.

Regional Variations

The CPI increase varied by region. The highest monthly increases were recorded in Laayoune and Beni Mellal (1.0%), followed by Guelmim (0.9%), Oujda (0.8%), and Meknes (0.7%). Other cities including Tangier, Casablanca, Rabat, Tetouan, Dakhla, Settat, and Errachidia posted increases ranging from 0.3% to 0.5%. Marrakech saw a more modest rise of 0.2%.

Conversely, slight CPI decreases were registered in Kenitra and Safi, both down by 0.1%.

Sectoral Insights

The report noted that changes in non-food prices over the past year ranged from a 3.4% decrease in the transport sector to a 3.8% increase in restaurants and hotels.

The inflation report offers a snapshot of price dynamics across Morocco as the country grapples with food supply volatility and broader economic challenges.

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