The annual inflation rate in Morocco edged up to 0.3% in May 2019 from 0.2% in the preceding month. It is the highest inflation rate since December, as prices rose further for clothing & footwear (1.3% vs 0.9% in April), transport (0.9% vs 0.4%) and they fell less for food & non-alcoholic beverages (-0.7% vs -1.9%). Meantime, cost advanced at the same pace for housing & utilities (0.9%) and miscellaneous goods & services (0.5%). In contrast, inflation slowed for restaurants & hotels (0.8% vs 1.1%); recreation & culture (1.4% vs 1.5%) and furnishings (1.4% vs 1.7%). On a monthly basis, consumer prices inched up 0.7%, after a 0.6% rise in the previous month. Inflation Rate in Morocco averaged 1.42 percent from 2008 until 2019, 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.

Inflation Rate in Morocco is expected to be 0.40 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 1.30 percent in 2020, according to our econometric models.

Morocco Inflation Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-22 10:05 AM Inflation Rate YoY Feb 0.0% -0.5% -0.2%
2019-04-22 09:00 AM Inflation Rate YoY Mar -0.1% 0.0% 0.3%
2019-05-22 10:40 AM Inflation Rate YoY Apr 0.2% -0.1% 0.0%
2019-06-21 09:10 AM Inflation Rate YoY May 0.3% 0.2% 0.0%
2019-07-22 11:30 AM Inflation Rate YoY Jun 0.3% 0.4%
2019-08-16 03:20 PM Inflation Rate YoY Jul 0.6%
2019-09-24 08:30 AM Inflation Rate YoY Aug 0.7%


Morocco Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.20 5.20 -1.60 percent [+]
Consumer Price Index CPI 121.00 120.20 121.00 101.20 Index Points [+]
Producer Prices 111.00 111.20 117.40 84.60 Index Points [+]
Food Inflation -0.70 -1.90 5.40 -3.10 percent [+]
Inflation Rate Mom 0.70 0.60 2.23 -1.56 percent [+]
Cpi Housing Utilities 117.20 117.10 117.20 103.30 Index Points [+]
CPI Transportation 113.20 112.30 114.00 102.70 Index Points [+]
Core Inflation Rate 1.20 1.10 2.50 0.00 percent [+]


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. This page provides - Morocco Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 5.20 -1.60 2008 - 2019 percent Monthly
2006=100




Country Last Previous
Argentina 55.80 Jun/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.00 Jun/19
China 2.70 Jun/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 Jun/19
United States 1.60 Jun/19


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