The annual inflation rate in Morocco climbed for the third straight month to 5.9% in April of 2022, up from 5.3% in the previous month. It was the highest point since at least January of 2008, driven by food (9.1%, the same pace as in March) and non-food products (3.7% vs 2.8%), of which transportation (12.4% vs 7.6%), clothing & footwear (4.7% vs 3.7%) and miscellaneous goods & services (4.1% vs 4.3%). On a monthly basis, consumer prices increased by 1.8%, the same pace as in the preceding month. source: Haut Commissariat au Plan
Inflation Rate in Morocco averaged 1.40 percent from 2008 until 2022, reaching an all time high of 5.90 percent in April of 2022 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 2022.
Inflation Rate in Morocco is expected to be 6.50 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 2.70 percent in 2023 and 1.70 percent in 2024, according to our econometric models.