Morocco's annual inflation rate stood at an over 14-year high of 5.9% in May of 2022, unchanged from the previous month. Whilst prices slowed a bit for food & non-alcoholic beverages (8.6% vs 9.4%) and housing & utilities (0.9% vs 1.1%), costs climbed further for clothing & footwear (4.8% vs 4.7%); furnishings (4.9% vs 3.4%); transport (14% vs 12.4%); recreation & culture (4.6% vs 1.9%) and miscellaneous goods & services (4.3% vs 4.1%). On a monthly basis, consumer prices were up 0.3%, following a 1.8% rise in the previous month. source: Haut Commissariat au Plan

Inflation Rate in Morocco averaged 1.42 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 June of 2022.

Inflation Rate in Morocco is expected to be 6.00 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 2.00 percent in 2023 and 1.70 percent in 2024, according to our econometric models.

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Morocco Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-20 08:20 AM Apr 5.9% 5.3% 6%
2022-06-22 10:00 AM May 5.9% 5.9% 6.3%
2022-07-22 11:00 AM Jun 5.9%


Related Last Previous Unit Reference
Inflation Rate 5.90 5.90 percent May 2022
Consumer Price Index CPI 110.20 109.90 points May 2022
Producer Prices 116.10 114.80 points Apr 2022
Food Inflation 8.60 9.40 percent May 2022
Inflation Rate Mom 0.30 1.80 percent May 2022
CPI Transportation 119.70 118.10 points May 2022
CPI Housing Utilities 103.40 103.30 points May 2022
Core Inflation Rate 5.60 4.40 percent May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.90 5.90 5.90 -1.60 2008 - 2022 percent Monthly
2017=100

News Stream
Morocco Inflation Rate Stands at Over 14-Year High
Morocco's annual inflation rate stood at an over 14-year high of 5.9% in May of 2022, unchanged from the previous month. Whilst prices slowed a bit for food & non-alcoholic beverages (8.6% vs 9.4%) and housing & utilities (0.9% vs 1.1%), costs climbed further for clothing & footwear (4.8% vs 4.7%); furnishings (4.9% vs 3.4%); transport (14% vs 12.4%); recreation & culture (4.6% vs 1.9%) and miscellaneous goods & services (4.3% vs 4.1%). On a monthly basis, consumer prices were up 0.3%, following a 1.8% rise in the previous month.
2022-06-22
Morocco Inflation Rate Accelerates for 3rd Month
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.
2022-05-20
Morocco Consumer Prices Continue to Rise in March
The annual inflation rate in Morocco climbed to 5.3% in March of 2022 from 3.6% in the previous month, reaching its highest level since at least January of 2008. Main upward pressure came from price of food & non-alcoholic beverages (9.4% vs 5.5% in February) and transportation (7.6% vs 6 percent). On a monthly basis, consumer prices inched up 1.8%, the most since at least January of 2007.
2022-04-25