Inflation

Articles

• Morocco’s Consumer Prices Jump 2.2% in July, Food Costs Lead Inflation Surge
  20 August 2021, by Jérôme

  The consumer price index (CPI) experienced an increase of 2.2% in July compared to the same month last year.
  The CPI increase recorded in July 2021 is due to the increase in the food product index by 2.8% and the increase in non-food products by 1.8%, said the High Commission for Planning (HCP), in its note related to the CPI for July 2021. Regarding non-food products, the variations range from a 0.3% drop for "Communication" to a 5.2% increase for "Transport". During the month of July (…)

• Moroccan Youth Dissatisfied: 68% Consider Emigration, Study Finds
  10 December 2021, by Armel

  A large majority of young Moroccans are not or are little satisfied with their lives, and 68.2% of them are tempted by emigration.
  In its report entitled "Being a Young Person in Morocco Today", presented last Tuesday, the National Observatory for Human Development (ONDH) revealed that 83.3% of young Moroccans (15-29 years old) are not or little satisfied with their lives, 71.3% with their housing conditions and 81.6% with their work.
  According to these data, the Moroccan youth (…)

• Morocco’s Consumer Prices Rise 2.6% Year-on-Year, Led by Food and Transport Costs
  20 December 2021, by Armel

  At the end of last November, the consumer price index rose by 2.6% compared to the same month last year, according to the High Commission for Planning.
  According to the note, this trend is attributable to the 2.8% increase in the food products index and the 2.4% increase in the non-food products index.
  Specifically, the variation for non-food products ranges from a 0.3% decrease for "communication" to a 7.1% increase for "Transport".
  Compared to October 2021, the CPI experienced a (…)

• Morocco’s Consumer Price Index Rises 1.4% in 2021, Driven by Food and Transport Costs
  23 January 2022, by Prince

  The consumer price index (CPI) increased by 1.4% in 2021 compared to the previous year, according to the High Commission for Planning (HCP).
  The recorded increase is the result of the increase in the index of food products by 0.8% and non-food products by 1.8%, indicates the HCP in a note on the CPI at the end of 2021. The index of non-food products has seen variations ranging from a 0.2% decline for "Communications" to a 5.9% increase for "Transport", with a 1.7% increase in the (…)

• Fuel Prices in Morocco Hit New Record High, Surpassing 15 Dirhams per Liter
  6 April 2022, by Armel

  As announced by some specialists, the dance of fuel prices continues in Morocco, this time crossing a new record. On Tuesday, prices exceeded 15 dirhams per liter at the pump.
  More precisely, the service station panels displayed 15.58 DH for a liter of gasoline and 15.56 DH for a liter of diesel. A record compared to pre-Ukraine crisis prices, reports Maroc Diplomatique.
  To mitigate the effects of this surge in fuel prices, the government had put in place a system of direct aid to (…)

• Eid Al-Adha: Sheep Prices Surge 30% as Moroccan Expats Return Home
  1 June 2022, by Armel

  To celebrate Eid Al-Adha, Moroccans will have to face a rise in the price of animals for sacrifice. Several reasons explain this situation, including the massive arrival of Moroccans living abroad this year.
  The price of sheep should experience an exceptional increase of 20 to 30% this year compared to previous holidays, according to breeders, who nevertheless reassure that the supply should not be lacking. According to the National Association of Sheep and Goat Breeders (ANOC), this (…)

• Moroccan Milk Prices Surge: Essential Dairy Product Sees Significant Hike
  4 June 2022, by Ginette

  Milk will now cost much more in Morocco. The companies that market this essential product have made a significant increase.
  Moroccans will have to spend more to consume milk. After the increase in the prices of bottled water, it is now the turn of Jaouda UHT milk marketed by the Copag Group to experience an increase ranging from 90 cents to 1.60 DH per liter, since Wednesday, June 1.
  In an internal note addressed to the commercial directors and managers of the agencies, the Commercial (…)

• Moroccan Consumer Confidence Hits Record Low Amid Economic Concerns
  9 July 2022, by Armel

  At the end of June, the morale of Moroccans continued to deteriorate, reaching its lowest level ever recorded. Households are expressing their pessimism about their financial situation and the evolution of the standard of living.
  In its ongoing survey on the economic situation, the HCP revealed that the indicator that synthesizes household confidence in the second quarter of the year lost three points and fell to 50.1 compared to the previous quarter, far from the 63 points recorded in (…)

• Diesel Prices Surge in Morocco as Global Tensions Impact Fuel Costs
  6 September 2022, by Sylvanus

  Inflation risks starting up again this September. Fuel price increases are therefore to be feared.
  The price of a liter of diesel increased by about 1 dirham at the beginning of September, to the surprise of motorists. According to the National Federation of Owners, Merchants and Managers of Service Stations in Morocco (FNPCGS), the price of a liter of diesel is 14.91 dirhams at Afriquia (an increase of 1.03 dirhams per liter) and 14.98 dirhams at Shell stations (an increase of 0.91 (…)

• Morocco’s Inflation Soars to 7.8%, Driven by Surging Food Prices
  7 October 2022, by Said

  After 6.3% in the second quarter, inflation has accelerated in Morocco, according to the High Commission for Planning (HCP) which expects 7.8% in the third quarter of 2022.
  This increase is explained by a 13% surge in food prices and a 4.5% increase in non-food prices, explains the HCP in its third quarter 2022 economic note and outlook for the fourth quarter.
  Despite the decline in international commodity prices that began in July 2022, tensions on the prices of imported products would (…)