Morocco sees 0.8% inflation in January, which is due to food prices, the Morocco sees 0.8% inflation in January, which is due to food prices

Morocco sees 0.8% inflation in January, which is due to food prices, the Morocco sees 0.8% inflation in January, which is due to food prices


Rabat – Morocco’s consumer price index (CPI) rose by 0.8%in January 2025 compared to the previous month, according to the previous month. Data from the high planning commission (HCP).

The increase mainly came to higher food prices that rose by 1.6%, while non-food prices remained unchanged.

The core inflation that excludes volatile objects and state -regulated products last year recorded an increase of 0.2% and an increase of 2.4%.

Food prices recorded remarkable increases, especially for fish and seafood, which rose by 6.0%, followed by vegetables at 4.7%and meat of 2.0%.

Obst prices rose by 1.6%, while dairy products, cheese and eggs recorded an increase of 0.6%. Coffee, tea and cocoa recorded a slight increase of 0.5%. In the meantime, the prices for mineral water, soft drinks and fruit and vegetable juices went by 0.5%.

In the non-food sector, the most important price increase was in restaurants and cafes that rose by 0.3%.

Several cities recorded striking increase in living costs. Settat recorded the highest increase of 1.5%, followed by Safi at 1.3%. Tetouan, Guelmim and Al Hceima registered an increase of 1.1%, while Kenitra and Marrakech rose prices by 1.0%.

Other remarkable increases were recorded in Meknes and Errachidia (0.9%), Tanger and Beni Mellal (0.8%), FEZ and Oujda (0.7%) and Agadir (0.6%). In contrast, Laayoune was the only city in which prices decreased by 0.5%.

Compared to January 2024, the CPI increased by 2.0%, with food prices rising by 3.3%and non-food prices.

Among the categories of non-food, transport costs fell by 2.7%, while the housing, water, electricity, gas and other fuels recorded an increase of 3.6%.

The latest Pay Ruir the continued price changes in different sectors, whereby the food costs continue to burden household budgets, especially since Ramadan is just around the corner.



Source link

Spread the love
Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *