Morocco’s annual inflation rate rose slightly to 0.4% in September from 0.3% in August, according to data released on Wednesday by the country’s statistics agency.
The increase was mainly driven by higher food prices, which climbed 0.5% compared to a year earlier. Non-food inflation also rose, reaching 0.4% year-on-year.
Core inflation—which excludes volatile items such as food—stood at 0.3% on an annual basis and remained unchanged from the previous month.
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Source:Africa Publicity
