The High Planning Commission (the official body in charge of statistics) revealed a slight growth in the annual inflation in Morocco, after it slowed to 0.1 percent during last March, compared to 0.3 percent in February.
The increase was due to a rise in food prices, which increased by 1.4 percent, and a decrease in non-food commodities, by 1.8 percent.
While transportation prices decreased by 0.1 percent, other services such as entertainment and cultural services increased by 0.1 percent, transportation by 5 percent, and education by 1.7 percent, on an annual basis.
On a monthly basis, the inflation rate increased by 0.2 percent in March compared to the previous month, as a result of the increase in food prices by 0.3 percent, and non-food items by 0.2 percent.
The wide closures in Morocco have affected the incomes of families and companies, which resulted in the re-arrangement of consumer priorities, amid government efforts to stimulate consumption and increase demand.
Source (Anatolia Agency, Edited)
