Morocco Sees 0.8% Inflation in January, Driven by Food Prices

21 February 2025
Morocco Sees 0.8% Inflation in January, Driven by Food Prices

Assahafa.com

Morocco’s consumer price index (CPI) rose by 0.8% in January 2025 compared to the previous month, according to data from the High Commission for Planning (HCP).

The increase came mainly from higher food prices, which climbed by 1.6%, while non-food prices remained unchanged.

Core inflation, which excludes volatile items and state-regulated products, recorded a 0.2% rise over the month and a 2.4% increase over the past year.

Food prices saw notable increases, particularly in fish and seafood, which rose by 6.0%, followed by vegetables at 4.7% and meat at 2.0%.

Fruit prices went up by 1.6%, while dairy products, cheese, and eggs recorded a 0.6% increase. Coffee, tea, and cocoa saw a slight rise of 0.5%. Meanwhile, prices for mineral water, soft drinks, and fruit and vegetable juices dropped by 0.5%.

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

Several cities recorded noticeable upticks in living costs. Settat saw the highest rise at 1.5%, followed by Safi at 1.3%. Tetouan, Guelmim, and Al Hoceima registered increases of 1.1%, while Kenitra and Marrakech saw prices rise by 1.0%.

Other notable increases were recorded in Meknes and Errachidia (0.9%), Tangier and Beni Mellal (0.8%), Fez and Oujda (0.7%), and Agadir (0.6%). In contrast, Laayoune was the only city where prices declined, dropping by 0.5%.

Compared to January 2024, the CPI rose by 2.0%, with food prices up by 3.3% and non-food prices increasing by 1.1%.

Among non-food categories, transportation costs fell by 2.7%, while housing, water, electricity, gas, and other fuels recorded a 3.6% increase.

The latest figures reflect ongoing price shifts across different sectors, with food costs continuing to weigh on household budgets, especially as Ramadan is just around the corner.

Source: Morocco word news

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