Morocco’s consumer price index (CPI) rose 0.4 percent in September from a year earlier, driven by higher food and service costs, the national statistics agency Haut-Commissariat au Plan (HCP) said in a report on Wednesday.
The increase reflected a 0.5 percent rise in food prices and a 0.4 percent rise in non-food items, according to the HCP. Among non-food categories, prices ranged from a 2.4 percent decline in “Transport” to a 2.9 percent increase in “Restaurants and hotels.”
Compared with August, overall prices grew 0.2 percent, with both food and non-food indices advancing by the same margin. The strongest food price increases were recorded in vegetables (+2.6%), fruits (+0.5%), and meat (+0.4%), while prices for oils and fats fell 2.1 percent, seafood 0.6 percent, and non-alcoholic beverages 0.3 percent. Fuel prices dropped 2.2 percent over the month.
Regional data showed the sharpest monthly CPI increases in Errachidia (+0.9%), Laayoune (+0.6%), and Rabat (+0.5%), while declines were observed in Al Hoceima (-2.4%) and Meknes (-0.4%).
The core inflation index, which excludes volatile and government-regulated prices, remained unchanged from August but was up 0.3 percent year-on-year. The modest rise in consumer prices follows a 0.3 percent increase in August, suggesting continued stability in Morocco’s inflation trend amid lower transport and energy costs.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.