Morocco's annual inflation rate rose to 0.8 percent in August 2019, its highest level since December, from 0.3 percent in the previous month. Upward pressure came mostly from prices of alcoholic beverages & tobacco (15.1 percent, the same pace as in July); clothing & footwear (1.0 percent vs 0.9 percent); restaurants & hotels (1.2 percent vs 0.7 percent); housing & utilities (0.9 percent, the same as in July) and transport (0.4 percent, after being flat in the prior month). Meantime, prices of food & non-alcoholic beverages decreased less (-0.2 percent vs -1.2 percent). On a monthly basis, consumer prices went up 0.3 percent, after decreasing 0.8 percent in the preceding month. Inflation Rate in Morocco averaged 1.40 percent from 2008 until 2019, 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.

Inflation Rate in Morocco is expected to be 0.60 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 0.80 in 12 months time. In the long-term, the Morocco Inflation Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

Morocco Inflation Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-21 09:10 AM Inflation Rate YoY May 0.3% 0.2% 0.0%
2019-07-22 09:10 AM Inflation Rate YoY Jun 0.2% 0.3% 0.4%
2019-08-22 09:50 AM Inflation Rate YoY Jul 0.3% 0.2% 0.6%
2019-09-23 04:20 PM Inflation Rate YoY Aug 0.8% 0.3% 0.4%
2019-10-22 09:10 AM Inflation Rate YoY Sep 0.8% 0.6%
2019-11-22 10:00 AM Inflation Rate YoY Oct 0.8%
2019-12-20 09:30 AM Inflation Rate YoY Nov 0.6%


Morocco Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.30 5.20 -1.60 percent [+]
Consumer Price Index CPI 120.60 120.20 121.20 101.20 Index Points [+]
Producer Prices 110.10 111.30 117.40 84.60 Index Points [+]
Food Inflation -0.20 -1.20 5.40 -3.10 percent [+]
Inflation Rate Mom 0.30 -0.80 2.23 -1.56 percent [+]
Cpi Housing Utilities 117.60 117.40 117.60 103.30 Index Points [+]
CPI Transportation 113.10 112.70 114.00 102.70 Index Points [+]
Core Inflation Rate 1.50 1.30 2.50 0.00 percent [+]


Morocco Inflation Rate

In Morocco, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Inflation Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.30 5.20 -1.60 2008 - 2019 percent Monthly
2006=100




Country Last Previous
Argentina 53.50 Sep/19
Australia 1.60 Jun/19
Brazil 2.89 Sep/19
Canada 1.90 Sep/19
China 3.00 Sep/19
Euro Area 0.80 Sep/19
France 0.90 Sep/19
Germany 1.20 Sep/19
India 3.99 Sep/19
Indonesia 3.39 Sep/19
Italy 0.30 Sep/19
Japan 0.20 Sep/19
Mexico 3.00 Sep/19
Netherlands 2.60 Sep/19
Russia 4.00 Sep/19
Saudi Arabia -0.70 Sep/19
Singapore 0.50 Aug/19
South Africa 4.30 Aug/19
South Korea -0.40 Sep/19
Spain 0.10 Sep/19
Switzerland 0.10 Sep/19
Turkey 9.26 Sep/19
United Kingdom 1.70 Sep/19
United States 1.70 Sep/19


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