Morocco’s consumer inflation jumps in November
Rising food and
education costs pushed Morocco’s year-on-year inflation to 2.6 percent
in November from 1.8 percent the previous month, the state’s High
Planning Commission (HCP) said. Month-to-month, prices fell 0.7 percent
from their level in October after a 1.6 percent drop in prices of food
and beverages, HCP, Morocco’s economic planning and statistics
authority, said in a statement.
Food and beverage prices, which account for more than 40 percent of
the North African country’s consumer price index, rose 5.2 percent in
the 12 months to end-November, while education costs rose 4.6 percent
over the same period, HCP said.
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