HomeEconomyCPI increase of 1.2% in September 2021

CPI increase of 1.2% in September 2021

The High Commission for Planning (HCP), said that the consumer price index (CPI) recorded an increase of 1.2% during the month of September 2021, compared to the same month of the previous year. .

In a note on the consumer price index for the month of September, the HCP specifies that this increase is the result of the increase in the non-food products index by 1.9% and the decrease in that of food products by 0.3%.

For non-food products, the variations range from a drop of 0.4% in “Communications” to an increase of 5.8% for “Transport”.

Compared to the previous month, the CPI increased by 0.7% in September 2021, adds the same source, noting that this variation is the result of the increase of 1.2% in the index of food products and 0.2% of the non-food products index.

The increases in food products observed between August and September 2021 mainly concern “Bread and cereals” with 4.6%, “Oils and fats” with 2.5%, “Meats” and “Milk,” cheese and eggs ”with 0.6%,“ Fruits ”with 0.5% and“ Vegetables ”with 0.3%.

On the other hand, prices fell by 2.5% for “Fish and seafood” and by 0.4% for “Mineral water, soft drinks”. For non-food products, the increase mainly concerned “Fuel” prices with 0.8%.

The most significant increases in the CPI were recorded in Fès and Settat with 1.5%, in Beni mellal with 1.4%, in Kenitra with 1.1%, in Guelmim with 1.0%, in Oujda with 0.8%, in Casablanca, Rabat, Laayoune and Safi with 0.7% and in Errachidia with 0.6%.

On the other hand, decreases were recorded in Al-Houceima with 1.1% and in Marrakech with 0.1%.

Under these conditions, the underlying inflation indicator, which excludes products with volatile prices and products with public prices, would have known during the month of September 2021 an increase of 0.5% compared to the month of August 2021 and by 2.2% compared to September 2020.




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