By Youssef Sourgo
Morocco World News
Casablanca, July 19, 2013
According to the Moroccan High Commission for Planning (HCP), living costs in the kingdom rose by 2.3% in June 2013 compared to the same month last year, noted daily La Vie Eco today.
This rise can be explained by the increase in the Index of foodstuff by 3.2% and that of non-groceries by 1.5%.
In an information note from its consumer price index (ICP) for June, HCP said that the variations recorded for non-food products fluctuated between a decrease of 0.3% for “communication” and an increase of 6.1% for “education” sectors.
As for food products, increases recorded between May and June 2013 show that price of fish and seafood increased by 1. 6%, prices in category of “milk, cheese and eggs” by 0.9% and the price of meat by 0.5%.
The only recorded decrease in prices pertain to the category of fruits, which witnessed a decrease of 4.5%.
According to the same source, HCP’s inflation indicator, which excludes expensive products, shows that living costs in June 2013 increased by 0.2% compared to the last month (May 2013) and an by of 2.5% compared to June 2012.