Sunday, November 17

Morocco inflation rises to 1.2 pct in Sept from 1 pct in Aug

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RABAT Oct 21 (Reuters) – Morocco’s consumer price inflation edged up to an annual 1.2 percent in September from 1 percent in August, the High Planning Authority said on Sunday.

Food prices rose 1.4 percent in the 12 months to the end of September, against 1.5 percent in August. Transport costs went up 5.1 percent year on year in September, the authority said, without elaborating. Fuel prices in Morocco jumped in June.

On a monthly basis, consumer price inflation was 0.2 percent in September, compared with 0.7 percent the previous month. (Reporting by Souhail Karam; Editing by Alistair Lyon)

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