Average inflation measured by CPI reached 0.240 % in 2019 in Morocco, according to the National Statistical Office. This is 84.7 % less than in the previous year.
Historically, average inflation measured by CPI in Morocco reached an all time high of 17.6 % in 1974 and an all time low of -1.01 % in 1966. When compared to Morocco's main peers, average inflation measured by CPI in Algeria amounted to 1.95 %, 2.31 % in Mauritania, 0.700 % in Spain and 6.72 % in Tunisia in 2019.
Morocco has been ranked 158th within the group of 175 countries we follow in terms of average inflation measured by CPI, 58 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.