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Bank al -Maghrib records the reduction in the inflation rate to 0.9%

The Bank of Morocco lowers its key rate to 2.5%
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This article was automatically translated from HIBAPRESS, the Arabic version:

This article was automatically translated from Hibapress, the Arabic version:

Heba Press

The AL -Maghrib bank said that inflation in the country experienced a very tangible slowdown in 2024, withdrawing at 0.9% on average, and it is expected to accelerate over the next two years with its level remaining around 2%.

The Al -Maghrib bank said, in a communication published after the first separation meeting of its advice during the year 2025, that “after two years of high levels, inflation experienced a very tangible slowdown in 2024, withdrawing at 0.9% on average.

The same source added that its main component reached 2.2% in 2024 and should also develop at around 2% in the medium term, stressing that these horizons remain surrounded by strong doubts which are mainly linked, at the external level, with the development of geo-economy and their global repercussions, internally, the development of the width of agricultural products.

On the other hand, the Council indicated that the expectations of inflation are still proven, as experts in the financial sector in the first chapter of 2025 average average recording of 2.2% for the horizon of 8 chapters and 2.4% by 12 chapters.

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