Consumer prices in Morocco rose 1% in September compared with August, pushed up by food and fuel, according to figures from the High Commission for Planning (HCP) published on October 22. Over twelve months, annual inflation stood at 0.5%.
Food and fuel lead the increase
The HCP reports that food prices climbed 1.6% month on month, while non-food prices edged up 0.4% and fuel rose 2%. Even so, food remains 2.5% cheaper than a year earlier, while non-food prices are 2.8% higher over the same period.
Among food items, the biggest monthly moves were:
- Meat and vegetables: up 4.3% each
- Milk, cheese and eggs: up 1.6%
- Fish and seafood: down 0.4%
- Coffee, tea and cocoa: down 0.3%
Regional picture
Price increases varied widely by city. Laayoune recorded the sharpest monthly rise at 2.8%, followed by Beni Mellal at 2.4% and Guelmim at 1.6%. Marrakech rose 1.4% and Rabat 1.3%, while Casablanca and Tangier each posted 0.6%. Al Hoceima was the only city to record a monthly decline, at 0.3%.
Core inflation, which strips out volatile products and regulated tariffs, rose 0.5% on the month and 0.6% over a year, the HCP said. Over the first nine months of 2026, consumer prices are up 0.3% compared with the same period of 2025, with transport showing the strongest annual rise at 9.4%.
What it means
Annual inflation moved back into positive territory after August, when it was reported at -0.3%. Inflation remains low by historical standards, though households are likely to notice the jump in meat and vegetable prices. For the wider backdrop, see our reports on the central bank’s rate decision and the HCP’s third-quarter growth outlook.
Sources: Hespress English; Morocco World News; Yabiladi; figures from the High Commission for Planning (HCP).
Leave a Reply