Morocco's CPI rises 1.4% y/y in September - planning agency

Food prices rose by 2.9%

  
Image used for illustrative purpose. Crowded market square square Jamaâ El Fnain City of Marrakesh, Morocco.

Image used for illustrative purpose. Crowded market square square Jamaâ El Fnain City of Marrakesh, Morocco.

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RABAT- Morocco’s consumer price index rose by 1.4% year-on-year in September after falling 0.3% in August, the high commission for planning said on Thursday.

Food prices rose by 2.9%, while non-food inflation increased by 0.5%. On a month-on-month basis, the index rose by 0.3%.

Core CPI, which excludes prices of volatile goods, slipped by 0.1% month-on-month and rose 0.1% year-on-year.

(Reporting by Ahmed Eljechtimi; Editing by Kevin Liffey) ((ahmed.eljechtimi@thomsonreuters.com;))

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