2024-01-22 10:30:37
The consumer price index experienced, during the month of December 2023, a decrease of 0.1% compared to the previous month. This variation is the result of the drop of 0.2% in the food products index and 0.1% in the non-food products index.
The declines in food products observed between November and December 2023 mainly concern “Fish and seafood” with 2.6%, “Fruits” with 2.5%, “Vegetables” with 1.5% and “Coffee”. , tea and cocoa” with 0.1%.
On the other hand, prices increased by 1.6% for “Meat”, by 0.5% for “Oils and fats” and by 0.2% for “Milk, cheese and eggs”. For non-food products, the drop mainly concerned the prices of “Fuels” with 2.6%.
Under these conditions, the underlying inflation indicator, which excludes products with volatile prices and products with public prices, would have increased by 0.2% during the month of December 2023 compared to the previous month.
The average annual CPI recorded, at the end of the year 2023, an increase of 6.1% compared to the year 2022. Consequence of the increase in the food products index of 12.5% and that non-food products by 1.7%.
The variations recorded for non-food products range from an increase of 0.1% for “Transport” to 5.7% for “Restaurants and hotels”.
On this basis, the underlying inflation indicator would have increased by 5.9% during the year 2023 compared to the year 2022.
The largest increases in the annual CPI were recorded in Al-hoceima with 10.1%, Beni-Mellal with 8.8%, Errachidia with 8.0%, Laâyoune with 7.7%, Safi with 7, 5%, Marrakech and Tetouan with 7.1%, Oujda with 7.0% and Fez with 6.8%.
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