- Food prices pull inflation into negative territory
- Core inflation and energy costs also eased
RABAT, MOROCCO – Morocco’s inflation cooled sharply in December, turning negative as falling food prices outweighed modest increases in non-food costs, official data showed.
Consumer prices fell –0.3% year on year in December, according to figures released Thursday by the High Commission for Planning (HCP), offering reassurance to investors monitoring price stability in the North African economy.
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