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Al Hoceima Price Index Falls 1.3% in June
The consumer price index in Al Hoceima decreased by 1.3% in June compared to the previous month, and by 0.6% on an annual basis. Food prices notably declined by 2.2%, driven by an 11.6% drop in vegetable prices and a 2.3% decrease in fruit prices, as well as a 2.2% decline in fish and seafood, and a 1.4% decrease in milk, cheese, and eggs. Non-food items experienced a slight decrease of 0.2%, while restaurant and hotel prices increased by 2.6%. Year-over-year, food prices fell by 3.2%, with a significant drop in oils and fats of 31.6%, and a 4.5% decrease in milk, cheese, and eggs. Conversely, some goods saw price increases, including meat by 6.7% and fish and seafood by 5.1%. The index is used to monitor inflation and analyze the economic situation in the region.
Notice: This Is an AI-Generated Summary
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