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 July 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.