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. 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 July 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. Looking forward, we estimate Inflation Rate in Morocco to stand at 1.00 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
1.50 1.90 5.20 -1.60 2008 - 2021 percent Monthly
2017=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 01:10 PM Mar 0.1% 0.3% 0.7%
2021-05-24 10:50 AM Apr 1.4% 0.1% 0.3%
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 10:30 AM Jul 1.5%
2021-09-22 09:20 AM Aug
2021-10-22 10:30 AM Sep
2021-11-23 10:00 AM Oct


News Stream
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 at 7-Month High
The annual inflation rate in Morocco jumped to 1.4 percent in April of 2021 from 0.1 percent in the previous month. It is the highest reading since September as prices rebounded for food & non-alcoholic beverages (0.1 percent vs -2.1 percent in March) and cost rose at a faster pace for transport (9.5 percent vs 5 percent), clothing & footwear (1.6 percent vs 1.0 percent) and miscellaneous goods & services (1.3 percent vs 0.9 percent). On a monthly basis, consumer prices were up 1.2 percent, following a 0.2 percent increase in the previous month.
2021-05-24
Morocco March Inflation Rate Slows to 0.1%
The annual inflation rate in Morocco eased to 0.1 percent in March of 2021 from 0.3 percent in the previous month, as prices fell further for food & non-alcoholic beverages (-2.1 percent vs -1 percent in February). On the other hand, costs advanced faster mostly for transport (5 percent vs 2.5 percent), clothing & footwear (1 percent vs 0.7 percent) and miscellaneous goods & services (0.9 percent vs 0.6 percent). On a monthly basis, consumer prices were up 0.2 percent, following a 0.1 percent increase in the preceding month.
2021-04-22

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.