Friday, April 26

Morocco Inflation Rises To 1.6 pct In March

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Reuters
By Aziz El Yaakoubi

Inflation

Morocco’s consumer price inflation rose to an annual 1.6 percent in March from 1.3 percent in February, the High Planning Authority said on Wednesday.

Food inflation was 2.1 percent from 1.8 percent the previous month. The non-food price index rose 1.2 percent.

Month-on-month, the consumer price index was flat in March as food prices fell 0.4 percent.

(Reporting By Aziz El Yaakoubi; editing by John Stonestreet)

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