The consumer price index (CPI) recorded by the end of February an increase of 0.6% compared to the previous month, according to the High Commission for Planning’s (HCP) recent note received this Tuesday.
This increase is mainly due to a rise of 1.0% in the index of food products, and up 0.3% in the index of non-food products, said HCP.
The inflation indicator recorded an increase of 0.5% over one month and 3.5% over one year.
The increases observed in food products between January and February 2022 mainly concern “Bread and cereals” with 2.9%, “Oils and fats” with 1.5%, “Vegetables” with 1.0%, “Fruits with 0.5%, and “Milk, cheese and eggs” with 0.4%.
On the other hand, prices fell by 0.1% for “Fish and seafood”. For non-food products, the increase mainly concerned “Fuel” prices with 5.7%.
The largest increases in the CPI were recorded in Marrakech with 1.3%, ahead of Fez and Tangier with 1.1%, Oujda with 0.9%, Guelmim, Beni Mellal with 0.8%, and Kenitra, Rabat, and Tetouan with 0.7%.
In contrast, Casablanca and Errachidia recorded a drop of 0.1%.
Compared to the same month of the previous year, the consumer price index recorded an increase of 3.6% in February 2022, as a result of the rise in the index of food products by 5.5%, and that of non-food products by 2.5%, said the same source.
For non-food products, the variations range moved from stagnation in “communication” to a rise of 6.0% in “Transport”.
The inflation indicator, which excludes products at volatile prices and products set with fixed prices, has increased by 0.5% in February 2022, compared to January 2022, and 3.5% compared to February 2021, added HCP.
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