Morocco: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -1 percent as of July 2026, a decline compared to the previous value of -0.42 percent. Historically, the average for Morocco from February 2007 to July 2026 is 0.14 percent. The minimum of -1.57 percent was recorded in May 2009, while the maximum of 2.23 percent was reached in September 2009.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The percentage change in the CPI from one month to the next.
- Source: High Commission for Planning of the Kingdom of Morocco
| Recent values | Morocco: Inflation, monthly percent change in the CPI |
|---|---|
| 2026 Jul | -1 |
| 2026 Jun | -0.42 |
| 2026 May | -0.91 |
| 2026 Apr | 0.41 |
| 2026 Mar | 1.17 |
| 2026 Feb | 0.5 |
| 2026 Jan | 0.25 |
| 2025 Dec | -0.08 |
Download data from our database Other resources: All indicators for Morocco All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 0.7 | 2025 | percent |
| Exchange rate regimes | 4 | 2023 | index points |
| USD exchange rate | 9.4644 | 9/2026 | Local Currency Units per USD |
| Money supply (broad money) | 1,861.65 | 6/2026 | billion |
| Consumer Price Index (CPI) | 129.1289 | 7/2026 | index points |
| Inflation, monthly | -1.00 | 7/2026 | percent |
| Inflation, annual | -0.59 | 7/2026 | percent |
| Private sector credit | 918.36 | 6/2026 | billion |
| Business credit | 493.67 | 6/2026 | billion |
| Household credit | 424.69 | 6/2026 | billion |
| Mortgage credit | 329.25 | 6/2026 | billion |
| Consumer credit | 95.44 | 6/2026 | billion |
| Deposit interest rate | 2.77 | 6/2026 | percent |
| Mortgage credit interest rate | 5.19 | Q4/2015 | percent |
| Policy rate | 2.25 | 8/2026 | percent |