Consumer prices continue to rise

This difference is the result of the 3.0% increase in the food index and 0.9% of the non-food index, explains the HCP.

The increases in food products observed between March and April 2022 are mainly “Fruit” with 12.3%, “Fish and seafood” with 9.8%, “Oils and fats” with 5.0%, “Vegetables” with 2.9%, “Meat” with 1.8%, “Bread and cereals” with 1.4% and “Coffee, tea and cocoa” with 0.3%, said the HCP, noting that prices have, however, decreased by 0.5% for “Milk, cheese and eggs”.

For non-food products, the increase has mainly concerned the prices of “Fuels” with 13.2%.

By city, the largest increases in the CPI were recorded in Al-Hoceima with 3.6%, Fez with 3.3%, Dakhla with 2.3%, Oujda, Rabat, Safi and Errachidia with 2,0%, Kenitra and Tangier with 1.9%, Marrakech, Meknes and Laayoune with 1.6%, Tetouan with 1.5%, Casablanca and Beni Mellal with 1.3% and Agadir with 1.2%.

Compared to the same month of the previous year, the consumer price index recorded an increase of 5.9% during the month of April 2022 as a result of the increase in the index of food products of 9.1% and that of non-food products of 3.7%, stresses the HCP, adding that for non-food products, the variations range from a stagnation for “Health” to an increase of 12.4% for “Transport”.

Under these conditions, the underlying inflation indicator, which excludes products with volatile prices and products with public tariffs, would have increased by 0.8% in April 2022 compared to March 2022 and 4.4% compared to April 2021, concludes the HCP.

The executive has responded to citizens’ concerns about rising prices of food and other essential products. Government spokesman Mustapha Baitas had commented on the rise in commodity prices, saying that the situation is imposed by the global context, and that the government has put in place socio-economic measures to “alleviate” the pressure on Moroccan consumers.

Be the first to comment

Leave a Reply

Your email address will not be published.


*