The Consumer Price Index (IPC) 2025

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

HIBAPRESS-RABAT-HCP

0.3% drop in the consumer price index, resulting from the 0.7% drop in the food product index and the stagnation of the non -food products index. The underlying inflation indicator down 0.6% over a month and up 1.5% over a year.

The consumer price index experienced, during the month of March-April 2025, a drop of 0.3% compared to the previous month. This variation is the result of the 0.7% drop in the food product index and the stagnation of the non -food products index.

The reductions in food products observed between February and March 2025 mainly concern “meats” with 4.7%, “milk, cheese and eggs” with 2.0%, “oils and fats” with 1.4%, “fish and seafood” with 0.3%and “mineral waters, refreshing drinks, fruit and vegetable juice” with 0.2%. On the other hand, prices increased by 4.9% for “vegetables” and 1.7% for “fruits”. For non -food products, the decline mainly concerned the prices of “fuels” with 1.8%.

The most important drops in the IPC were recorded in Guelmim with 1.8%, in Laâyoune with 1.5%, in Dakhla with 1.1%, in Settat with 0.9%, in Errachidia with 0.8%, in Safi and Beni-Mellal with 0.6%, in Tetouan with 0.4%and in Agadir, Casablanca, Fès, Marrake Oujda, Meknes and Tangier with 0.3%. On the other hand, increases were recorded in Kenitra and Al-Hoceima with 0.9%.

Compared to the same months of the previous year, the consumer price index recorded an increase of 1.6% in March-April 2025 consequence of the increase in the 2.2% food index and that of non-food products of 1.1%. For non -food products, variations range from a drop of 2.4% for “transport” to an increase of 3.9% for “restaurants and hotels”.

Under these conditions, the underlying inflation indicator, which excludes products at volatile prices and products at public prices, would have experienced a drop of 0.6% compared to February 2025 and an increase of 1.5% compared to March 2024.