Rabat – Inflation in Morocco has reached an estimated 2.2% in the first quarter of 2025, according to the numbers strongly of 0.7% climb released through the high planning commission (HCP).
The shift reflects the growing pressure on household budgets, especially due to food prices.
The HCP leads this increase to an increase in food prices by 3.7% and an increase in costs for non-food items by 1.1%. In its latest economic grade, the Commission describes the conditions that have shaped the last quarter of 2024 and offers a look at the coming months.
Meat prices promote the inflation of food
Much of the increase results from the steady increase in costs for staple foods. The meat prices have been up for over a year and give the total inflation rate a complete percentage. Fresh fish and vegetables also played a role. Fish added 0.2 points, while vegetables returned to a positive area with a contribution of 0.1 points in the last quarter.
The report also mentions adjustments to certain regulated prices. The tobacco, for example, recorded a hike of 2.9%in January, which increased the wider trend, although its effects are still limited.
The energy costs decrease after the previous immersion
Non-food inflation remained moderate but turned upwards. An increase in energy prices by 1% followed a decline in the previous quarter and reversed the brief relief of consumers, which was experienced at the end of 2024.
The core inflation that excludes energy, volatile products and goods that are subject to state intervention slightly resigned to 2.3%compared to 2.5%. This change signals a slowdown of price growth for manufactured goods and offers a modest counterweight to Uprising Cost of the essential.
If Morocco continues to move in 2025, the balance between domestic offers and international market trends will probably determine whether inflation continues to build up or increase.
For many Moroccans, the rising prices have already added a new burden to close budget budgets. Buyers in markets and grocery stores are frustration about the costs for daily objects, from meat to vegetables. Since inflation shows only a few signs of loosening, many hope that the relief will be on the move.