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FINANCIAL NEWS
Annual inflation in Morocco slows to 1.6pct
23 Aug 2016
(MENAFN) Morocco annual consumer price inflation eased to 1.6 percent in July from 2.3 percent in June, due to a slowing in food price rises.
Moreover, annual food inflation eased to 2.7 percent from 4.4 percent in the previous month, whereas non-food price inflation fell to 0.5 percent.
On the other hand, transport costs declined by 1.1 percent, but hotels and restaurants were 2.6 percent more expensive.
Meanwhile, the consumer price index eased to 0.2 percent in the cited month, down from 0.4 percent in June as food price inflation fell to 0.4 percent.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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