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.

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Morocco Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-25 11:00 AM Sep 1.2% 0.8% 1%
2021-11-22 11:00 AM Oct 1.7% 1.2% 1.4%
2021-12-21 09:30 AM Nov 1.7%


Related Last Previous Unit Reference
Inflation Rate 1.70 1.20 percent Oct/21
Consumer Price Index CPI 105.20 104.50 points Oct/21
Producer Prices 106.70 106.50 points Oct/21
Food Inflation 1.10 -0.30 percent Oct/21
Inflation Rate Mom 0.70 0.70 percent Oct/21
CPI Transportation 108.50 108.50 points Oct/21
CPI Housing Utilities 102.90 102.80 points Oct/21
Core Inflation Rate 2.70 2.20 percent Oct/21

News Stream
Morocco Inflation Rate Speeds Up to 1.7% in October
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.
2021-11-22
Morocco Inflation Rate Edges Up to 1.2% in September
The annual inflation rate in Morocco advanced to 1.2 percent in September of 2021 from 0.8 percent in August which was the lowest reading since March. Upward pressure came from non-food prices (1.9 percent vs 2.0 percent in August), namely for transport (5.8 percent vs 6.1 percent), and miscellaneous goods & services (2.9 percent vs 2.6 percent). Also, deflation slowed for food (-0.3 percent vs -1.1 percent), as costs dropped at a softer pace for food & non-alcoholic beverages (-0.3 percent vs -1.1 percent) and increased for alcoholic beverages & tobacco (2.4 percent, the same pace as in the previous month). On a monthly basis, consumer prices went up 0.7 percent, after being flat in the month prior.
2021-10-25
Morocco August Inflation Rate Softens to 5-Month Low
The annual inflation rate in Morocco eased to 0.8 percent in August of 2021 after hitting an over three-year high of 2.2 percent in the previous month. It was the lowest inflation rate since March, mainly due to a decrease in food prices (-1.1 percent vs 2.7 percent in July). At the same time, costs slowed for alcoholic beverages & tobacco (2.4 percent vs 4.4 percent) and miscellaneous goods & services (2.6 percent vs 2.8 percent). Conversely, inflation continued to accelerate for transport (6.1 percent vs 5.2 percent). On a monthly basis, consumer prices were flat, following a 0.4 percent uptick in the previous month.
2021-09-20

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.