Laayoune – According to the Moroccan High Commission for Planning (HCP), the Consumer Price Index (CPI) rose by 7.2% in June 2022, compared to the same month last year.
The HCP stated that this increase is a result of the increase in the price of certain food products by 10.6% and that of non-food products by 4.9% this year.
According to the same report, variances in the pricing of non-food items range from a rise of 0.2 percent for health to 17.6 percent for transportation. The increase of transportation costs is mainly caused by the increase in fuel prices, which rose by 9.2%.
The increase in the prices of food products between May and June 2022 mainly concerns oils and fats, which increased in price by 2.7%. The prices of dairy products like milk, cheese, and eggs increased by 2.1%. As for mineral waters, soft drinks, fruit and vegetable juices, their price rose by 0.8%. Finally, coffee, tea, and cocoa saw a price increase of 0.4%, the report added.
Read also: HCP: Consumer Price Index in Morocco Rises In April
On the other hand, the price of some food products fell in June 2022. The report indicated the price of vegetables fell by 3.1%, fish and seafood by 2.4%, and fruits and meats fell by 0.2% and 0.1% respectively.
Meanwhile, the price of fuel has continued to rise since the beginning of the Ukraine crisis. Diesel was priced at MAD 15 ($1.49) a liter on Wednesday, June 15, while gasoline hit MAD 18 ($1.79), a record high for one of the most popular products in Morocco.
