The core consumer price index, which excludes goods subject to price volatility, rose 5.8 percent in 2022.
On a monthly basis, the index rose 0.1 percent in December after a 0.4 percent increase in November.
The annual inflation rate in Morocco reached 3.2 percent in 2021.
And the Central Bank of Morocco announced, last December, that it would raise the main interest rate by 50 basis points, to 2.5 percent, due to "The global economic situation that casts a shadow on economic activity" in the Kingdom.
And the Moroccan Central Bank had expected, in a statement issued last December, that the inflation rate would reach 6.6 percent in 2022, mainly driven by the acceleration of the increase in food, fuel and lubricating oil prices.
He also expected its rate to reach 3.9 percent in 2023, before rising again in 2024 to 4.2 percent.
“>
HCP said in Morocco, West, sunsetOn Friday, food prices increased by 11 percent, while non-food items increased by 3.9 percent, and transportation prices increased by 12.2 percent as a result of the rise in fuel prices last year.
The core consumer price index, which excludes goods subject to price volatility, rose 5.8 percent in 2022.
On a monthly basis, the index rose 0.1 percent in December after a 0.4 percent increase in November.
The annual inflation rate in Morocco reached 3.2 percent in 2021.
And the Central Bank of Morocco announced, last December, that it would raise the basic interest rate by 50 basis points to 2.5 percent, due to the “global economic situation that casts a shadow on economic activity” in the Kingdom.
And the Moroccan Central Bank had expected, in a statement issued last December, that the inflation rate would reach 6.6 percent in 2022, mainly driven by the acceleration of the increase in food, fuel and lubricating oil prices.
He also expected its rate to reach 3.9 percent in 2023, before rising again in 2024 to 4.2 percent.
