Consumer Price Inflation for Morocco
MARPCPIPCHPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.35
Year-over-Year Change
29.80%
Date Range
1/1/2000 - 1/1/2025
Summary
The Consumer Price Inflation for Morocco measures the rate of change in consumer prices over time in the Moroccan economy. This key indicator provides insight into the purchasing power and cost of living for Moroccan consumers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Consumer Price Inflation for Morocco tracks changes in the prices of a basket of consumer goods and services that are commonly purchased by households. It is a widely used metric for assessing inflationary pressures and the overall health of the Moroccan economy.
Methodology
The Moroccan National Statistics Office collects price data from retailers and service providers to calculate this monthly inflation index.
Historical Context
Policymakers and analysts monitor this trend to inform monetary and fiscal policies aimed at maintaining price stability.
Key Facts
- Morocco's inflation rate was 7.2% in 2022.
- Food and beverage prices make up over 35% of the inflation index.
- The Moroccan central bank targets an inflation range of 2-3% annually.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Inflation for Morocco measures the change in prices for a representative basket of consumer goods and services in the Moroccan economy.
Q: Why is this trend relevant for users or analysts?
A: This inflation metric is a key indicator of the purchasing power and cost of living for Moroccan consumers, making it crucial for policymakers, businesses, and households to monitor.
Q: How is this data collected or calculated?
A: The Moroccan National Statistics Office collects price data from retailers and service providers to calculate this monthly inflation index.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor this inflation rate to inform monetary and fiscal policies aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The Consumer Price Inflation for Morocco is published monthly, with a typical 2-week delay between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Consumer Price Inflation for Morocco (MARPCPIPCHPT), retrieved from FRED.