Monday, November 25

Morocco Inflation Rises To 2 pct In May

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Reuters
by Aziz El Yaakoubi

morocco-inflation-rate-mom

Morocco’s consumer price inflation rose to an annual 2 percent in May from 1.7 percent in April, the High Planning Authority said on Monday.

Food inflation was 3 percent, up from 2.5 percent. The non-food price index rose to 1.3 percent from 1 pct.

Month-on-month, inflation was unchanged at 0.2 pct.

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

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