CPI up 0.8% in August 2021

The consumer price index (CPI) recorded an increase of 0.8% during the month of August 2021, compared to the same month last year, indicates the High Commission for Planning (HCP).

This variation results from the increase in the index of non-food products by 2% and the decrease in that of food products by 1%, specifies the HCP in a note on the consumer price index for the month of August. . For non-food products, the variations range from a drop of 0.4% for “communication” to an increase of 6.1% for “Transport”.

For the month of August, the CPI was stagnant compared to the previous month, due to the result of the 0.4% drop in the food index and the 0.4% increase in the non-food products index. The decreases in food products observed between July and August 2021 mainly concern “vegetables” with 3%, “meats” with 2.3%, “fish and seafood” with 1.7% and “ Milk, cheese and eggs ”with 0.5%. On the other hand, prices increased by 2.8% for “fruit”, by 1.1% for “Oils and fats” and by 0.2% for “Mineral water, soft drinks, fruit and vegetable juices. vegetables “.

For non-food products, the increase mainly concerned “fuel” prices with 0.5%. The most significant increases in the CPI were recorded in Agadir with 1%, in Al-hoceima with 0.9%, in Errachidia with 0.6%, in Marrakech with 0.5% and in Tangier with 0.4. %, specifies the HCP, noting that, on the other hand, decreases were recorded in Kenitra with 0.7%, in Rabat and Settat with 0.4% and in Fez and Safi with 0.2%. 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 August 2021 an increase of 0.2% compared to the month of July 2021 and 1.7% compared to August 2020.



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