Morocco inflation decreases to 1.2 percent
The annual inflation rate in Morocco decreased to 1.2% in May, down from 1.7% in April, as price pressures continued to subside following previous increases in past years due to rising food and energy prices and supply chain disruptions. This slowdown comes as Bank of Morocco monitors price stability as a primary goal, aiming to support economic growth while maintaining financial balance. Nevertheless, the challenge remains of balancing the support for growth with maintaining price stability, amid a deceleration in inflation and changes in the global economy.
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