The annual inflation rate in Morocco rose to 1.8 percent in June. While it increased month-on-month to 0.4 percent, compared to last May.
According to data from the High Commission for Planning, food prices, the main driver of inflation, increased by 1.7 percent compared to the same period of the previous year, while the inflation of non-food goods increased by 1.9 percent, with the rates of change ranging from a decrease of 1.2 percent for the health sector to an increase of 3.7 percent for housing, water, electricity, gas, and other fuels. The city of Al Hoceima led the increases in the inflation rate by 1.8 percent, while in Errachidia it increased by 1.5 percent, in Marrakesh by 1 percent, while the capital Rabat witnessed a slight increase of 0.1 percent.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
