فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
The High Commission for Planning has reported that inflation in Morocco is expected to rise to 2.2% in the first quarter of 2025, compared to 0.7% in the previous quarter.
In its economic outlook for the fourth quarter of 2024 and forecasts for the first and second quarters of 2025, the Commission explained that this increase is likely due to a rise in food prices by 3.7% and non-food prices by 1.1%.
According to the Commission, the ongoing rise in the cost of essential foodstuffs has accelerated food inflation. The increase in meat prices, which has been rising for over four quarters, played the largest role in this increase, contributing 1 percentage point. Additionally, there were significant price hikes in fresh fish and vegetables, which reinforced the upward price trend.
It is also expected that adjustments in the prices of certain goods, such as tobacco, will further contribute to inflation. Tobacco prices are projected to rise by 2.9% in January 2025.
On the other hand, non-food product prices are expected to experience a moderate increase, due to an anticipated 1% rise in energy prices after a 1.1% decline in the previous quarter.
As for core inflation, which excludes energy prices, government-regulated goods, and volatile products, it is expected to slow slightly to 2.3% from 2.5% in the previous quarter, reflecting weak dynamics in manufactured product prices.
Source: Fes News Media
