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FX.co ★ Morocco Inflation Falls to 4-Month Low of 0.7%

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typeContent_19130:::2025-05-22T08:36:13

Morocco Inflation Falls to 4-Month Low of 0.7%

In April, Morocco's annual inflation rate decreased to 0.7%, down from 1.6% in March, reaching its lowest point since last December. This reduction was primarily influenced by a significant slowdown in the inflation of food and non-alcoholic beverages, which dropped to 0.5% from 2.3%. Additionally, the transport sector experienced increased deflation at -4.0% compared to -2.4%, and the recreation and culture sector saw deflation at -0.9% versus -0.5%. Conversely, there was an uptick in inflation for alcoholic beverages and tobacco, rising to 3.6% from 2.9%, as well as in the restaurants and hotels sector, which increased to 4.4% from 3.9%. Inflation in housing and utilities remained consistent at 3.7%. On a month-over-month basis, consumer prices decreased by 0.3% in April, mirroring the decline observed in March.

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