Consumer prices in Morocco increased by 0.3 percent year-on-year in February of 2021, after being unchanged in the previous month. Main upward pressure came from costs for transports (2.5 percent vs 0.6 in January); furnishings (0.5 percent, the same pace as in January) and housing & utilities (0.5 percent vs 0.6 percent); Meanwhile declines were seen in cost of food & non-alcoholic beverages (-0.8 percent vs -1 percent); recreation & culture (-0.1 percent vs -0.4 percent); health (-0.1 percent vs 0.6 percent). On a monthly basis, consumer prices went up 0.1 percent, after increasing 0.1 percent in the previous month. 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 April of 2021.

Inflation Rate in Morocco is expected to be 0.50 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 0.90 in 12 months time. 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
0.30 0.00 5.20 -1.60 2008 - 2021 percent Monthly
2017=100


Calendar GMT Actual Previous Consensus TEForecast
2020-12-22 01:30 PM Nov 0.2% 1.3% 1%
2021-01-22 10:00 AM Dec -0.3% 0.2% 0.8%
2021-02-22 09:10 AM Jan 0% -0.3% -0.5%
2021-03-22 10:00 AM Feb 0.3% 0% 0.2%
2021-04-22 03:00 PM Mar 0.3% 0.7%
2021-05-20 02:30 PM Apr
2021-06-22 11:00 AM May
2021-07-22 09:00 AM Jun


News Stream
Morocco CPI Rises 0.3% YoY in February
Consumer prices in Morocco increased by 0.3 percent year-on-year in February of 2021, after being unchanged in the previous month. Main upward pressure came from costs for transports (2.5 percent vs 0.6 in January); furnishings (0.5 percent, the same pace as in January) and housing & utilities (0.5 percent vs 0.6 percent); Meanwhile declines were seen in cost of food & non-alcoholic beverages (-0.8 percent vs -1 percent); recreation & culture (-0.1 percent vs -0.4 percent); health (-0.1 percent vs 0.6 percent). On a monthly basis, consumer prices went up 0.1 percent, after increasing 0.1 percent in the previous month.
2021-03-22
Morocco Consumer Prices Flat in January
Consumer prices in Morocco were flat year-on-year in January of 2021, after decreasing 0.3 percent in the previous month. Prices continued to fall for food & non-alcoholic beverages (-1 percent vs -1.7 percent in December) and recreation & culture (-0.4 percent vs -0.2 percent). Meanwhile, costs went up mostly for housing & utilities (0.6 percent, the same pace as in December); health (0.6 percent vs 0.5 percent); transport (0.6 percent vs 0.3 percent) and furnishings (0.5 percent vs 0.4 percent). On a monthly basis, consumer prices went up 0.1 percent, following a 0.5 percent fall in the previous month.
2021-02-22
Morocco CPI Falls 0.3% YoY in December
Consumer prices in Morocco decreased 0.3 percent year-on-year in December of 2020, after increasing 0.2 percent in November and marking the first month of deflation since July. Downward pressure came from prices of food & non-alcoholic beverages (-1.7 percent vs -0.1 percent in November); recreation & culture (-0.9 percent, the same pace as in November) and communications (-0.1 percent, the same pace as in November). On a monthly basis, consumer prices were down 0.5 percent, after decreasing 0.7 percent in the previous month.
2021-01-22
Morocco Inflation Rate Slows Sharply
Morocco inflation rate slowed sharply to 0.2 percent in November of 2020 from 1.3 percent in October, the lowest level in four months. Declines were seen in cost of food and non-alcoholic beverages (-0.1 percent), communication (-0.1 percent), clothing and footwear(-0.3 percent), transport (-0.7 percent) and recreation and culture (-0.9 percent). In contrast, main increases were seen for education (1.8 percent), restaurants and hotels (0.8 percent) and health (0.6 percent). On a monthly basis, consumer prices fell 0.7 percent.
2020-12-22

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.