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فبراير.كوم
Morocco's inflation drops to 0.3% in August
The report by the High Commission for Planning indicates that the annual inflation rate in Morocco slowed to 0.3% in August, down from 0.6% in the previous month. This decline is primarily due to a 3.9% decrease in food prices compared to the same period last year, despite a 2.5% increase in the prices of non-food goods and a 7.3% rise in transportation costs resulting from higher fuel prices due to the conflict in the Middle East. The data also shows that core inflation increased by 0.1% annually and 0.2% monthly. To maintain market stability, the government plans to add 20 billion dirhams to the 2026 budget, including increased subsidies to mitigate the impacts of rising transportation and energy costs.
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