Rabat – A Moroccan authority introduced yesterday, Friday, that the inflation price recorded a rise of 0.4 % final Could, on an annual foundation.
This got here in keeping with a press release issued on Friday by the Excessive Fee for Planning, the official physique answerable for statistics within the nation.
The delegation defined that the recorded inflation determine “got here after meals costs rose by 1.7 %, in comparison with a decline in costs of non-food objects by 1.2 %.”
On a month-to-month foundation, “the inflation price decreased by 0.2 % throughout Could in comparison with April,” in keeping with the identical supply.
On Thursday, authorities spokesman Mustafa Paytas stated, “Authorities measures contributed to a decline in inflation, as testified by varied related establishments (which he didn’t specify).”
Final March, the Central Financial institution determined to maintain the rate of interest unchanged at 3 %, and anticipated inflation to say no through the present yr.
Following a gathering of its Board of Administrators, the Central Financial institution stated in a press release, “The present degree of the rate of interest, set at 3 %, continues to be applicable to reinforce and stabilize inflation expectations and help the return of inflation to ranges in step with the objective of value stability.”
The financial institution anticipated “the inflation price to proceed to sluggish throughout 2024, reaching 2.2 %, earlier than accelerating to 2.4 % in 2025.”
In 2023, the inflation price rose to six.1 %, because the Kingdom continued to be affected by the rise in costs of fundamental supplies, particularly vitality, and the drought continued for the fifth yr in a row.
Anatolia
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2024-06-23 07:45:16