Monday, December 23

Morocco’s Annual Inflation Eases to 0.4 percent in November

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Reuters
by Ulf Laessing and Zakia Abdennedi

Morocco’s annual inflation slowed to 0.4 percent in November from 0.6 percent in October, the High Planning Authority said on Friday.

Annual food inflation accelerated to 0.9 percent from 0.2 percent in the previous month, while non-food price inflation fell to 0.2 percent in the 12 months to October.

On a month-on-month basis, the consumer price index rose 1.3 percent in November as food price inflation rose 1.3 percent from 0.3 percent the previous month.

(Reporting by Ulf Laessing and Zakia Abdennedi; Editing by Alison Williams)

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