HomeEconomyCPI up 5.3% YoY

CPI up 5.3% YoY

The consumer price index (CPI) in Casablanca increased by 5.3% year-on-year in March 2022, indicates the High Commission for Planning (HCP).

“Compared to its level in the same month of the previous year, the consumer price index increased by 5.3%. This variation is the result of the increase of 8.6% in the index of food products and 3.4% in the index of non-food products”, specifies the HCP in a note on the CPI in Casablanca (March 2022).

Nationally, the CPI rose by 1.8% month on month and 5.3% year on year, the same source added.

As for variations by city, the monthly evolution of the CPI was on an upward trend ranging from 0.7% in Guelmim to 2.8% in Errachidia.

The CPI measures changes in retail prices over time and space. Its reference population consists of the entire Moroccan urban population. The index basket contains 546 items, 1391 varieties of products widely consumed by Moroccan urban households. These articles are classified into 12 divisions and 43 groups. The index also affects the evolution of the rent by raising 1867 tenants at the level of Casablanca.




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