Morocco’s annual inflation rate increased to 0.4% in September, up from 0.3% in August, according to the country’s statistics agency.
The rise was primarily driven by a 0.5% increase in food prices, while non-food inflation grew by 0.4%. Core inflation, which excludes volatile goods like food, rose to 0.3% year-over-year and remained stable month-over-month.
This latest development indicates a moderate increase in consumer prices.
The inflation rate has been fluctuating, with a 16-month low of 0.3% recorded in August before edging up to 0.4% in September.
Food and non-alcoholic beverages saw a significant price rise, contributing to the overall inflation rate.
In contrast, transport prices continued to decline, decreasing by 2.4%. Other categories, such as housing and utilities, remained steady at 0.6%.
The trend is being closely monitored, with the next release of inflation data expected on November 20, 2025.
The High Commission for Planning (HCP) provides regular updates on consumer price indexes, offering insights into Morocco’s economic performance.
