Morocco: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is -0.58 percent as of February 2026, an increase compared to the previous value of -0.75 percent. Historically, the average for Morocco from January 2008 to February 2026 is 1.78 percent. The minimum of -1.57 percent was recorded in December 2009, while the maximum of 10.08 percent was reached in February 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: High Commission for Planning of the Kingdom of Morocco
| Recent values | Morocco: Inflation, annual percent change in the CPI |
|---|---|
| 2026 Feb | -0.58 |
| 2026 Jan | -0.75 |
| 2025 Dec | -0.25 |
| 2025 Nov | -0.34 |
| 2025 Oct | 0.08 |
| 2025 Sep | 0.42 |
| 2025 Aug | 0.25 |
| 2025 Jul | 0.51 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 1.0 | 2024 | percent |
| Exchange rate regimes | 4 | 2023 | index points |
| USD exchange rate | 9.2877 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 1,764.62 | 12/2025 | billion |
| Consumer Price Index (CPI) | 130.1080 | 2/2026 | index points |
| Inflation, monthly | 0.50 | 2/2026 | percent |
| Inflation, annual | -0.58 | 2/2026 | percent |
| Private sector credit | 881.10 | 12/2025 | billion |
| Business credit | 466.57 | 12/2025 | billion |
| Household credit | 414.52 | 12/2025 | billion |
| Mortgage credit | 321.48 | 12/2025 | billion |
| Consumer credit | 93.04 | 12/2025 | billion |
| Deposit interest rate | 2.64 | 12/2025 | percent |
| Mortgage credit interest rate | 5.19 | Q4/2015 | percent |
| Policy rate | 2.25 | 5/2026 | percent |