Moroccan inflation decreases

20 July 2009

Morocco’s inflation rate fell 0.9 per cent in the year to June, according to figures released by the state planning body.

The overall decline is a result of a 3.4 per cent drop in the price of food and a 1.3 rise in non-food consumer prices, according to the Haut-Commissariat au Plan.

Consumer prices fell 1.7 per cent between May and June 2009 as a result of a 3.5 per cent drop in food prices.

The price of vegetables declined 18.5 per cent and fruit prices fell by 17.9 per cent. Non-food prices remained stable.

Compared with May, prices fell 2.2 per cent in Rabat and Tetouan, 1.7 per cent in Casablanca and 1.5 per cent in Kenitra.

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