HCP: CPI increases by 3.1% in January 2022

The High Commission for Planning (HCP), indicated that the consumer price index (CPI) recorded an increase of 3.1% during the month of January 2022, compared to the same month of the previous year. .

In an information note relating to the CPI for the month of January 2022, the HCP specifies that this increase is the result of the increase in the index of food products by 4.3% and that of non-food products by 2.3%. %.

For non-food products, the variations range from a drop of 0.2% in “communication” to an increase of 5.9% in “Transport”, adds the High Commission.

Compared to December 2021, the CPI stagnated during January 2022, resulting from the fall of 0.1% in the index of food products and the rise of 0.1% in the index non-food products.

The increases in food products observed between December 2021 and January 2022 mainly concern bread and cereals” with 1.9%, “oils and fats” (0.8%) and “mineral waters, refreshing drinks, fruit juices and vegetables” (0.3%), notes the HCP, noting that, on the other hand, prices fell by 4.4% for “vegetables”, by 0.6% for “meat” and by 0.5 % for “Fruit”.

For non-food products, the increase mainly concerned the prices of “tobacco” with 3.5% and “fuel” with 1.1%.

CPI increases were recorded in Casablanca with 0.5%, in Kenitra with 0.4%, in Agadir and Tetouan with 0.2% and in Rabat, Tangier, Laayoune and Errachidia with 0.1%, while that the most significant decreases were recorded in Safi with 1.2%, in Beni-Mellal with 0.7% and in Fez and Marrakech with 0.4%, notes the HCP.

Under these conditions, the core inflation indicator, which excludes products at volatile prices and products at public prices, would have increased by 0.3% in January 2022 compared to December. 2021 and 3.2% compared to January 2021.



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