Morocco’s Core Inflation Falls 0.3% in April Despite Surge in Fuel Prices
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Morocco's Inflation Rate Rises to 1.7 Percent
Morocco’s annual headline inflation rate, tracked by the consumer price index, climbed to 1.7 per cent in April, marking a notable increase from the 0.9 per cent recorded the previous month. Data released by the national statistics agency on Friday indicates that the upward shift was driven by a combination of domestic and global market pressures. Food prices, which historically serve as the primary driver of inflation across the country, saw a …
Morocco’s Core Inflation Falls 0.3% in April Despite Surge in Fuel Prices
Morocco’s core inflation fell 0.3% year-on-year in April 2026, even as consumer prices rose, driven up by higher fuel and transportation costs, according to the latest monthly consumer price report by the statistics agency (HCP).
The Consumer Price Index (CPI) recorded a 0.4% increase in the month of April 2026 compared to the previous month, according to the latest information note from the Office of the High Commissioner for Planning (HCP). This trend is the result of a sharp increase in non-food products (+1.2%), tempered by a decline in food products (-0.6%).
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