2023-09-15 11:27:19
The Consumer Price Index (CPI) of households in the city of Tetouan increased by 1.1% last July compared to the previous month and by 6.4% year-on-year.
The food product price index increased by 2.4% last July compared to June, due to the increase in the prices of “Fruits” of 14.2%, “Meat” and “Vegetables” of 3.6%, “Fish and seafood” by 0.4%, “Oils and fats” by 0.3% and “Mineral waters, soft drinks and fruit and vegetable juices” by 0.1 %, indicates a press release from the regional directorate of the High Planning Commission (HCP) of Tangier-Tetouan-Al Hoceima.
The monthly variation of the index of non-food products stagnated following the stagnation of prices in the divisions of “Furniture, household items and routine household maintenance”, “Health”, “Communication” and “Teaching”, reports MAP.
Furthermore, the increase in the prices of “Transport” by 0.4%, “Miscellaneous goods and services” by 0.3%, “Restaurants and hotels” by 0.2% and “Housing, water, electricity and other fuels” of 0.1%, as well as the drop in prices of “Clothing and footwear” of 0.6% and of “Leisure and culture” of 0.3% did not impact the general evolution , specifies the same source.
Over one year, the food product price index rose by 14.4% last July, driven by increases in the prices of “Fruits” by 44.6% and “Vegetables” by 20%. .6%, “Meat” 17.6%, “Oils and fats” 16.4%, “Milk, cheese and eggs” 13.6%, “Mineral waters, soft drinks and juices” fruits and vegetables” by 4.6%, “Sugar, jam, honey, chocolate and confectionery” by 3.7%, “Food products not elsewhere classified” by 3.4%, “Fish and seafood ” by 3.2%, “Bread and cereals” by 2.6%, “Coffee, tea and cocoa” by 1.9% and “Tobacco” by 5.4%.
The annual variation of the index of non-food products also increased by 0.4%, while the variation in prices of the divisions that constitute non-food products fluctuated between a decrease of 12.8% for “Transport” and an increase of 6.1% for “Miscellaneous goods and services”.
The CPI is the instrument for measuring inflation. It contributes to the monitoring and analysis of the economic situation, and constitutes an essential element for the implementation of financial policy and the indexing of contracts between the different socio-economic partners.
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