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Morocco inflation stays negative in February as weak demand persists

Morocco @ Pexels
Morocco @ Pexels
  • Annual inflation remains negative for fourth straight month
  • Monthly prices rise on food and fuel costs

 

RABAT, MOROCCOMorocco’s annual inflation remained in negative territory in February, even as prices rose month-on-month, signalling weak demand and subdued price pressures.

Data released by the High Commission for Planning (HCP) showed annual inflation fell to -0.6% in February, following -0.8% in January, extending a run of sub-zero readings largely driven by falling food prices.

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