HCP: CPI up 1.8% in April

The High Commission for Planning (HCP) reported a 1.8% increase in the consumer price index (CPI), recorded during the month of April, compared to March 2022.

In an information note relating to the CPI for the month of April 2022, the High Commission specifies that this variation is the result of the increase of 3.0% in the index of food products and 0.9% of the non-food products index.

The increases in food products observed between March and April 2022 mainly concern “Fruit” with 12.3%, “Fish and seafood” with 9.8%, “Oils and fats” with 5.0%, “Vegetables” with 2.9%, “Meat” with 1.8%, “Bread and cereals” with 1.4% and “Coffee, tea and cocoa” with 0.3%, further informs the HCP , noting that prices, on the other hand, fell by 0.5% for “Milk, cheese and eggs”.

For non-food products, the increase mainly concerned “Fuel” prices with 13.2%.

By city, the largest increases in the CPI were recorded in Al-hoceima with 3.6%, in Fez with 3.3%, in Dakhla with 2.3%, in Oujda, Rabat, Safi and Errachidia with 2.0%, in Kenitra and Tangier with 1.9%, in Marrakech, Meknes and Laâyoune with 1.6%, in Tétouan with 1.5%, in Casablanca and Béni Mellal with 1.3% and in Agadir with 1. .2%.

Compared to the same month of the previous year, the consumer price index recorded an increase of 5.9% during the month of April 2022 as a result of the increase in the index of food products by 9.1 % and that of non-food products by 3.7%, underlines the HCP, adding that for non-food products, the variations range from stagnation for “Health” to an increase of 12.4% for “Transport “.

Under these conditions, the core inflation indicator, which excludes products at volatile prices and products at public prices, would have seen an increase of 0.8% in April 2022 compared to the month of March 2022 and 4.4% compared to April 2021, concludes the HCP.

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