Vegetable price drop lowers Morocco inflation by 0.6%
The consumer price index in Morocco decreased by 0.6% in July 2026 compared to the same month last year, primarily due to a 3.7% drop in food prices, especially vegetables, fruits, fish, and meats. Additionally, fuel prices declined by 4.9%. Conversely, the prices of non-food goods experienced a modest increase of 1.9%. On a monthly basis, prices fell by 1%, driven by declines in major food items, while overall prices are expected to remain stable amid a strong economic growth rate exceeding 4%. This decrease in inflation occurs at a time when the economy is considered robust according to World Bank forecasts, with expectations of continued inflation stability throughout the current and upcoming years.
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