Reuters
By Aziz El Yaakoubi
Morocco’s annual consumer price inflation slowed to 1.6 percent in April from 1.8 percent in March as food prices fell, the High Planning Authority said on Friday.
Annual food inflation dropped to 2.9 percent from 3.6 percent in the previous month. Non-food price inflation rose to 0.5 percent.
Transport costs fell 1.1 percent, but education, hotels and restaurants were 2.1 percent more expensive, the agency said without elaborating.
On a month-on-month basis, the consumer price index fell to 0.1 percent in April, down from 1 percent in March, as food price inflation fell 0.4 percent.
(Reporting By Aziz El Yaakoubi, editing by Larry King)
