Morocco’s Consumer Prices Dip in January, with City-by-City Variations

The HCP first reports a 0.3% drop in the consumer price index (CPI) in January, compared to December last with a 0.5% drop for food products and 0.2% for non-food products.

In detail, the HCP observed a 3% drop in prices for fruits and "oils and fats", 2.8% for vegetables, 1% for meat, 0.2% for milk, cheeses and eggs, and a 0.8% increase for fish and seafood. As for tobacco, it experienced a 15.2% price explosion following the increase decided by the government.

Regarding the cities, the HCP noted declines of 0.6% in Marrakech, Meknes and Laayoune, 0.5% in Casablanca, Rabat, Kenitra and Al Hoceima, but also increases of 0.3% in Settat, 0.2% in Dakhla and Guelmim and 0.1% in Fez.

During the same period, transport prices fell by 2.3%, while "Education" saw its index grow by 3.4%, the HCP said.