The annual inflation rate in Morocco edged lower to 8.1% in October of 2022 from a record high of 8.3% in the prior month, largely due to softer rises in prices of food & non-alcoholic beverages (14.3% vs 15.1% in September) and transport (12.6% vs 12.9%). On a monthly basis, consumer prices were up by 0.4%, slowing from a 1% increase in the previous month. source: Haut Commissariat au Plan

Inflation Rate in Morocco averaged 1.61 percent from 2008 until 2022, reaching an all time high of 8.30 percent in September 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 December of 2022.

Inflation Rate in Morocco is expected to be 7.30 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.

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Morocco Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 10:00 AM Sep 8.3% 8% 8.6%
2022-11-22 10:00 AM Oct 8.1% 8.3% 8.6%
2022-12-21 09:00 AM Nov 8.1% 8%


Related Last Previous Unit Reference
Inflation Rate 8.10 8.30 percent Oct 2022
Consumer Price Index CPI 113.70 113.20 points Oct 2022
Producer Prices 118.50 118.40 points Sep 2022
Food Inflation 14.30 15.10 percent Oct 2022
Inflation Rate MoM 0.40 1.00 percent Oct 2022
CPI Transportation 122.20 122.50 points Oct 2022
CPI Housing Utilities 104.00 103.90 points Oct 2022
Core Inflation Rate 7.10 7.00 percent Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
8.10 8.30 8.30 -1.60 2008 - 2022 percent Monthly
2017=100

News Stream
Morocco Inflation Rate Eases from Record Level
The annual inflation rate in Morocco edged lower to 8.1% in October of 2022 from a record high of 8.3% in the prior month, largely due to softer rises in prices of food & non-alcoholic beverages (14.3% vs 15.1% in September) and transport (12.6% vs 12.9%). Prices also slowed down for other CPI items, such as clothing & footwear (5.2% vs 5.7%); recreation & culture (5.5% vs 5.7%) and miscellaneous goods & services (2.2% vs 3.5%). On a monthly basis, consumer prices were up by 0.4%, slowing from a 1% increase in the previous month.
2022-11-22
Morocco Inflation Rate Hits New High of 8.3%
Morocco's annual inflation rate rose to a new record high of 8.3% in September of 2022, from 8% in the previous month, mainly due to rising prices of food & non-alcoholic beverages (15.1% vs 14.6% in August) and transport (12.9% vs 12.8%). Additional upward pressure came from furnishings & household equipment (6.4% vs 6.2%); recreation & culture (5.7% vs 5.5%); clothing & footwear (5.7% vs 5.8%); restaurants & hotels (4.1% vs 3.6%) and miscellaneous goods & services (3.5% vs 3.1%). On a monthly basis, consumer prices inched up by 1%, the most in five months, after increasing by 0.3% in the previous month.
2022-10-20
Morocco Inflation Rate Hits Fresh High of 8%
Morocco's annual inflation rate reached a new record high of 8% in August of 2022, from 7.7% in the previous month. Upward pressure came mostly from prices of food & non-alcoholic beverages (14.6% vs 12.4% in July), transport (12.7% vs 18.3%), furnishings & household equipment (6.2% vs 6%), clothing & footwear (5.8% vs 5.4%) and recreation & culture (5.5% vs 5.4%). On a monthly basis, consumer prices were up 0.3%, after increasing 0.9% in the previous month.
2022-09-21