Food prices lift Morocco’s annual inflation to 2.5 pct yr/yr in March
By Respect Gwenzi, Apr 23, 2018
Morocco’s annual consumer price inflation rose to 2.5 percent in March, up from 1.8 percent in February, mainly due to higher food prices, the High Planning Authority said on Friday.
Annual food inflation rose to 3.3 percent up from 1.7 percent in the 12 months through March. Non-food price inflation slightly slowed to 1.4 percent from 1.5 percent year on year.
On a month-on-month basis, the consumer price index rose to 0.1 percent in March compared to 0.5 percent in February, as food price inflation eased to 0.2 percent down from 1.2 percent.
- Reuters
Top Stories
Zimbabwe’s Winter Wheat Planting Target Surpasses 125,000ha Benchmark, ARDA Achieves 92% Planting Goal
Zimbabwe’s wheat planting programme has reached 128,459 hectares, surpassing the national target of 125,000 hectares by approximately 3,459 hectares or 2.8%. The Agricultural and Rural Development Au
20 hours ago
