The High Commission for Planning (HCP) reported that Morocco’s consumer price index (CPI) rose 0.8% in September 2024 compared to the same month in 2023.
This increase was primarily driven by a 0.6% rise in food prices and a 1% increase in non-food prices.
For non-food products, price changes varied significantly, while “Transport” saw a 2.4% decrease, “housing, water, electricity, gas, and other fuels” experienced a 3.6% increase.
Compared to August 2024, the CPI remained stagnant due to a slight decrease in food prices and a corresponding increase in non-food prices. Within the food category, “Fish and seafood” saw the most significant decline at 6.1%, followed by “Fruits” and “Mineral waters, soft drinks, fruit, and vegetable juices.”
However, prices for “Vegetables” and “Meats” rose by 2.7% and 0.4%, respectively.
For non-food products, “Fuels” experienced a 3.2% price drop.
Regionally, Guelmim recorded the highest CPI increase at 0.6%, while Al-Hoceima saw a 2.7% decrease. Other cities with notable price changes included Dakhla, Settat, Kenitra, Rabat, Laayoune, Safi, Beni-Mellal, Errachidia, Agadir, Tetouan, Tangier, Fez, and Oujda.
The underlying inflation indicator, excluding volatile products and those with public tariffs, increased by 0.3% in September 2024 compared to August and by 2.4% compared to September 2023.
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.