Inflation picked up again in the second quarter of 2026 after easing at the start of the year, new figures
Inflation picked up again in the second quarter of 2026 after easing at the start of the year, new figures

Consumer prices in Morocco rose by 0.4% in June 2025, driven primarily by an uptick in food costs. The monthly increase was fueled by a notable 0.8% jump in the food category, while non-food items edged up by just 0.1%.

Among the biggest contributors to the rise were meat prices, which surged 4.0%, followed closely by seafood at 3.9%, and coffee, tea, and cocoa, up 1.8%. Fruit prices climbed 1.3%, and dairy products posted a modest increase of 0.2%. Offsetting some of this momentum, however, were price drops in cooking oils and fats (-1.6%), vegetables (-0.6%), and cereals (-0.4%). In the non-food segment, only fuel showed any meaningful movement, increasing 0.3%.

Geographically, the sharpest price hikes were seen in Laâyoune and Beni Mellal, both recording a 1.0% increase. Guelmim followed with 0.9%, Oujda with 0.8%, and Meknès at 0.7%. In contrast, more moderate gains were observed in Casablanca, Tangier, and Rabat, where prices rose between 0.3% and 0.5%. Kénitra and Safi were outliers, registering slight declines of 0.1%.

Year-over-year, the overall Consumer Price Index (CPI) also rose by 0.4%, reflecting a similar 0.8% increase in food prices and a marginal 0.1% uptick in non-food items. Within the non-food category, trends diverged: transportation costs dropped sharply by 3.4%, while restaurant and hotel prices climbed 3.8%, highlighting sector-specific price pressures.

The core inflation rate, which excludes volatile items and those with state-regulated pricing, also increased—up 0.2% over the month and 1.1% compared to the same period last year. This measure suggests a steady, though modest, underlying inflation trend across the economy.