The annual inflation in Morocco rose to 1.7 percent in October of 2021, from 1.2 percent in the previous month, the highest rate since July. Upward pressure came from prices of both food products (1.1 percent vs -0.3 percent in September), namely food & non-alcoholic beverages (1 percent vs -0.3 percent) and alcoholic beverages & tobacco (2.4 percent, the same pace as in September); and non-food products (2.2 percent vs 1.9 percent), primarily transport (6.2 percent vs 5.8 percent) and miscellaneous goods & services (4.2 percent vs 2.9 percent). On a monthly basis, consumer prices went up 0.7 percent, the same pace as in September. source: Haut Commissariat au Plan
Inflation Rate in Morocco averaged 1.31 percent from 2008 until 2021, reaching an all time high of 5.20 percent in May of 2008 and a record low of -1.60 percent in December of 2009. This page provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
Inflation Rate in Morocco is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Morocco Inflation Rate is projected to trend around 1.60 percent in 2022 and 1.40 percent in 2023, according to our econometric models.