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Rabat – Morocco’s consumer price index (CPI) recorded a year-on-year decline of 0.3% in November 2025, according to figures released by the High Commission for Planning (HCP).
In a note on November’s CPI, the HCP attributed this trend to a 1.2% drop in the index of food products, alongside a 0.4% increase in non-food prices.
Compared to October, the overall CPI fell by 0.6%, driven by a 1.3% decrease in food prices, while non-food prices remained unchanged.
For non-food items, price changes ranged from a 1.5% decline in the “Transport” category to a 2.5% increase in “Restaurants and hotels.”
Month-on-month, the most notable increase among non-food products concerned fuel prices, which rose by 0.2%.
The decline in food prices between October and November mainly affected fruits (6.4%), oils and fats (5.2%), meat (1.9%), fish and seafood (0.4%), as well as coffee, tea, and cocoa (0.2%). In contrast, prices increased for vegetables (2.3%) and for milk, cheese, and eggs (0.3%).
Regionally, the sharpest decreases in the CPI were recorded in Errachidia (1.4%), followed by Settat and Al Hoceima (1.2%), Safi and Beni Mellal (1.1%), and Guelmim (0.9%).
Other cities also registered declines, including Oujda and Laâyoune (0.7%), Casablanca (0.6%), Kenitra, Marrakech, Meknes, and Tangier (0.4%), Agadir, Rabat, and Tetouan (0.3%), and Fez (0.2%).
Under these conditions, core inflation, excluding volatile-price products and items with regulated tariffs, fell by 0.4% compared to October and by 0.9% year-on-year.
