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.