Morocco inflation rate declines to 1.6 percent
(MENAFN) Morocco's consumer price inflation dropped to reach 1.6 percent in April from 1.8 percent in March as food prices dropped.
However, annual food inflation declined to 2.9 percent from 3.6 percent in the previous month, while non-food price inflation increased to 0.5 percent.
Additionally, transport costs declined by 1.1 percent, while education, hotels and restaurants were 2.1 percent more expensive.
Meanwhile, the consumer price inflation fell down to 0.1 percent in the cited month, down from 1 percent in March.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.