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. 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 September 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. 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.

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Morocco Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 2.20 5.20 -1.60 2008 - 2021 percent Monthly
2017=100


Calendar GMT Actual Previous Consensus TEForecast
2021-06-22 11:00 AM May 1.9% 1.4% 0.7%
2021-07-22 11:00 AM Jun 1.5% 1.9% 1.6%
2021-08-19 11:25 AM Jul 2.2% 1.5% 1.7%
2021-09-21 12:30 PM Aug 0.8% 2.2% 2.4%
2021-10-22 10:30 AM Sep 0.8%
2021-11-23 10:00 AM Oct
2021-12-21 09:30 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 July Inflation Rate at Over 3-Year High
The annual inflation rate in Morocco picked up to 2.2 percent in July of 2021 from 1.5 percent in the previous month. It was the highest inflation rate since June of 2018, boosted by prices of food & non-alcoholic beverages (2.7 percent vs 0.6 percent in June); alcoholic beverages & tobacco (4.4 percent, the same pace as in June); transport (5.2 percent vs 7.1 percent) and miscellaneous goods & services (2.8 percent vs 1.6 percent). On a monthly basis, consumer prices went up 0.4 percent, following a 0.7 percent decrease in the previous month.
2021-08-19
Morocco Inflation Rate Edges Down to 1.5% in June
The annual inflation rate in Morocco eased to 1.5 percent in June of 2021 from 1.9 percent in the previous month amid a slight slowdown in prices of both transport (7.1 percent vs 9.5 percent in May); and food & non-alcoholic beverages (0.6 percent vs 1.5 percent). Meantime, inflation remained steady for housing & utilities (at 0.8 percent); and leisure & culture (at 0.7 percent). On a monthly basis, consumer prices went down 0.7 percent, after a 0.3 percent uptick in the month prior.
2021-07-22
Morocco Inflation Rate at Over 2-½-Year High
The annual inflation rate in Morocco accelerated to 1.9 percent in May of 2021 from 1.4 percent in the prior month. It is the highest reading since October 2018. Main upward pressure came from prices of transport (9.5 percent, the same pace as in April); alcoholic beverages & tobacco (4.3 percent, the same pace as in April); food & non alcoholic beverages (1.5 percent vs 0.1 percent), clothing & footwear (1.9 percent vs 1.6 percent) and miscellaneous goods & services (1.4 percent vs 1.3 percent). On a monthly basis, consumer prices were up 0.3 percent, after a 1.2 percent increase in the previous month.
2021-06-22

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.