The annual inflation rate in Morocco eased to 0.1 percent in March of 2021 from 0.3 percent in the previous month, as prices fell further for food & non-alcoholic beverages (-2.1 percent vs -1 percent in February). On the other hand, costs advanced faster mostly for transport (5 percent vs 2.5 percent), clothing & footwear (1 percent vs 0.7 percent) and miscellaneous goods & services (0.9 percent vs 0.6 percent). On a monthly basis, consumer prices were up 0.2 percent, following a 0.1 percent increase in the preceding month. source: Haut Commissariat au Plan
Inflation Rate in Morocco averaged 1.30 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 May of 2021.
Inflation Rate in Morocco is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Morocco to stand at 1.20 in 12 months time. In the long-term, the Morocco Inflation Rate is projected to trend around 1.20 percent in 2022 and 1.40 percent in 2023, according to our econometric models.