Morocco’s annual inflation, measured by the consumer price index, rose to 0.3% in September from 0.1% a month earlier, the North African country’s statistics agency said on Friday.
Food prices, the main driver of inflation, dropped 1.2% from a year earlier, while non-food inflation increased 0.4%.
Core inflation, which excludes more volatile goods, dropped 0.9% year-on-year and 0.4% month on month.
The Moroccan Central bank said on Tuesday inflation would average 0.8% this year, before picking up to 1.3% in 2026 and 1.9% in 2027.
–Reuters–
