Inflation in Morocco Cools to 2.5% in Q4 2024, Easing Consumer Pressure

Inflation in Morocco Cools to 2.5% in Q4 2024, Easing Consumer Pressure

Morocco’s inflation rate slowed to 2.5% in the fourth quarter of 2024, down from 4.2% a year earlier, offering some relief to households and businesses, according to a recent report from Morocco’s statistics office (HCP). The lower inflation rate reflected a shift in price dynamics across key sectors. Food prices, a major contributor to past inflation spikes, grew at a slower pace, while energy costs remained relatively stable. While inflation c…