Morocco’s Inflation Hits 8.9% as Food Prices Surge 16.8% in January

According to the High Commission for Planning, this situation is due to the surge in food prices, which increased by 16.8% just for the month of January. The variations range from 0.4% for health costs to 9.6% for transportation costs.

Thus, the rise in food prices between December 2022 and January 2023 mainly concerns vegetables (3.3%), fruits (2.6%), dairy products (1.6%), meats (1.2%), soft drinks, fruit and vegetable juices, and mineral waters (0.6%). Oils and fats (0.5%), bread and cereals (0.3%) as well as fish and other seafood (0.2%) also experienced a slight price increase. This is what the HCP explains in its information note.

Several cities have been hard hit by the rise in the consumer price index, including Guelmim, Errachidia, Laâyoune, Safi, Tanger, Oujda, Tétouan, Beni-Mellal, Fès, Marrakech, Dakhla, Agadir, Rabat, Settat and Meknès. Casablanca is the only city that has recorded a stagnation of prices.