Consumer prices dipped by 0.6% in October 2025, driven largely by a noticeable drop in food costs, while prices for non-food goods held steady. Core inflation—which strips out the most volatile categories—also declined by 0.2%, both month-over-month and year-over-year, signaling a broader easing of price pressures across the economy.
The biggest drag came from food, which saw a sharp 1.3% monthly decline. Oils and fats led the drop, falling by 3.7%, followed by a 2.8% dip in meat prices. Vegetables dropped 1.4%, fish and seafood were down 1.3%, fruit prices slipped 0.9%, and dairy products—including cheese and eggs—fell by 0.2%. The only food items to post a slight increase were coffee, tea, and cocoa, which edged up 0.2%.
As for non-food products, prices remained largely unchanged, with the only notable shift coming from fuel, which decreased by 0.6%.
Some cities saw sharper price corrections than others. Al-Hoceima recorded the steepest monthly decline, with prices down 1.5%. Settat and Safi followed, each seeing a 1% drop. In Tétouan and Beni-Mellal, prices fell by 0.9%, while Agadir and Marrakech both saw a decrease of 0.8%. Casablanca, Fès, Dakhla, and Guelmim experienced a 0.6% drop. Meanwhile, Rabat, Laâyoune, and Errachidia saw a slightly more moderate dip of 0.5%. In contrast, prices in Kénitra bucked the national trend and rose by 0.2%.
Looking at the broader annual picture, the overall consumer price index edged up by just 0.1% compared to October 2024. That modest rise was the result of a 0.3% drop in food prices, offset by a 0.4% increase in non-food goods. Within the non-food category, the biggest swing came in transportation, which saw prices decline by 1.9%, while restaurants and hotels posted a 2.4% increase.
Overall, the latest data confirms that underlying inflation—excluding the most erratic categories—continued to soften, showing a 0.2% decrease on both a monthly and annual basis.
