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HCP: Morocco’s CPI drops to 0.5 pct in January

Morocco’s annual consumer price inflation (CPI) dropped to 0.5 percent in January from 1.9 percent in December, the high commission for planning said on Friday.

Annual food inflation rose to 2.3 percent in January compared with 1.3 percent in December, while non-food inflation slipped to 0.8 percent in January from 1.8 percent a month earlier.

On a month-on-month basis, the consumer price index dropped to 0.3 percent, from a 0.7 percent in December.

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