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Morocco inflation falls to 0.1% as food prices slide sharply in October

Morocco @ Pexels
Morocco @ Pexels
  • Morocco inflation drops to 0.1% in October
  • Steep food price declines drive broad-based easing

 

RABAT, MOROCCO – Morocco’s annual inflation fell to 0.1% in October, the lowest level in more than three years, driven by steep drops in food prices and easing nationwide cost pressures.

Morocco’s High Commission for Planning said that the latest data reflect “a decline of 0.6% compared to the previous month,” underscoring a broad weakening in consumer prices after months of volatile food and fuel trends.

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