Morocco’s CPI rises 0.1% yr/yr in March- planning agency

Non-food inflation dropped by 1.8%

  
Marrakesh city skyline View of Marrakesh cityscape, Morocco. North Africa, Africa

Marrakesh city skyline View of Marrakesh cityscape, Morocco. North Africa, Africa

Getty Images/ Stefan Cristian Cioata

RABAT- Morocco’s consumer price index rose by 0.1% year-on-year in March, the high commission for planning said on Thursday.

Non-food inflation dropped by 1.8% while food prices rose 1.4%. On a month-on-month basis, the index rose by 0.2%.

Core CPI, which excludes prices of volatile goods, rose 0.1% on a month-on-month basis and was up 0.7% year-on-year.

(Reporting by Ahmed Eljechtimi Editing by Gareth Jones) ((ahmed.eljechtimi@thomsonreuters.com;))

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