Official Reports Confirm: High Prices Persist and Continue to Pressure Moroccans’ Purchasing Power

Recent data from the High Commission for Planning (HCP) revealed that the Consumer Price Index (CPI) recorded a year-on-year increase of 1.6% in March 2025, compared to the same period last year—despite a slight decline on a monthly basis.

According to the Commission’s monthly briefing for March, this annual increase is primarily attributed to a 2.2% rise in food prices, compared to 1.1% for non-food items. However, variations were noted within the non-food category, where transportation prices dropped by 2.4%, while the restaurant and hotel sector recorded a 3.9% increase.

On a monthly basis, the CPI decreased by 0.3% compared to February 2025, due to a 0.7% decline in food prices, while non-food prices remained largely stable.

The report highlighted that the monthly drop in food prices was mainly due to decreases in:

  • Meat by 4.7%
  • Milk and dairy products by 2.0%
  • Oils and fats by 1.4%
  • Fish and seafood by 0.3%
  • Beverages and juices by 0.2%

In contrast, notable increases were observed in:

  • Vegetables, up by 4.9%
  • Fruits, up by 1.7%

Fuel prices (within the non-food category) continued to decline, registering a 1.8% drop.

At the city level, the largest price decreases were recorded in:

  • Guelmim (-1.8%)
  • Laayoune (-1.5%)
    Followed by Dakhla, Settat, and Errachidia.

Slight price increases were observed in:

  • Kenitra and Al Hoceima, both up by 0.9%.

As for the core inflation index, which excludes regulated and highly volatile prices, it fell by 0.6% month-on-month, but still showed a 1.5% year-on-year increase.

These figures reflect the ongoing inflationary pressures on household purchasing power, despite some indications of a limited decline in the prices of certain basic goods during the month of March.

Source: Fès News Media

About Mansouri abdelkader