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Home > Economy > Morocco Records 0.3% Drop in Consumer Price Index in March 2025

Morocco Records 0.3% Drop in Consumer Price Index in March 2025

For many Moroccan families, these shifts show a complex picture; some relief at the grocery store, but continued pressure in other areas of daily life.

Firdaous NaimbyFirdaous Naim
Apr, 22, 2025
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Morocco’s industrial producer prices showed a slight upward trend in March 2025.

Morocco’s industrial producer prices showed a slight upward trend in March 2025.

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Rabat – Morocco saw a slight drop in consumer prices in March 2025, with the national Consumer Price Index (CPI) slipping by 0.3% compared to February, the High Commission for Planning (HCP) published in its monthly report. 

The decline came as food prices fell while non-food prices showed little movement, which helped generate some relief to households facing frustrating inflation over the past year.

Food products registered a 0.7% decrease overall, with the most noticeable drop in meat prices, which fell by 4.7%. Dairy products such as milk, cheese, and eggs also became less expensive, down by 2%. Oil and fats dropped by 1.4%, while fish and seafood edged down by 0.3%. Even beverages like mineral water and fruit juices recorded a slight fall of 0.2%.

Still, not all food items followed the same trend; vegetable prices jumped by 4.9%, and fruits rose by 1.7%. 

Non-food products, on the other hand, remained relatively flat. The only drastic shift came from fuel prices, which dropped by 1.8%, which created a minor cushion for transportation costs.

The impact of these changes varied across the country. Cities such as Guelmim, Laayoune, and Dakhla saw the sharpest monthly declines, with prices falling by up to 1.8%. 

Other areas, including Settat, Errachidia, and Beni Mellal, recorded more moderate decreases. By contrast, prices in Kenitra and Al Hoceima ticked up by 0.9%, making them the outliers in an otherwise downward trend.

Compared to March last year, the overall CPI rose by 1.6%, driven by a 2.2% increase in food prices and a 1.1% rise in non-food goods. Within non-food categories, transport costs dropped by 2.4%, while services in restaurants and hotels saw prices climb by 3.9%.

Core inflation, which excludes items with volatile prices and regulated tariffs, slipped by 0.6% from the previous month but remained 1.5% higher than a year ago.

For many Moroccan families, these shifts show a complex picture; some relief at the grocery store, but continued pressure in other areas of daily life.

Tags: economy moroccofood prices Moroccohcp reportinflationMorocco inflation
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