Morocco’s inflation rises to 0.3% in September from 0.1% in August

Investing.com -- Morocco’s annual inflation rate increased to 0.3% in September, up from 0.1% in August, according to data released Friday by the country’s statistics agency.

Food prices, which are the main driver of inflation in the North African nation, declined by 1.2% compared to the same period last year.

Non-food inflation showed an increase of 0.4% year-on-year.

Core inflation, which excludes more volatile goods from its calculation, dropped 0.9% compared to the same month last year and decreased 0.4% from the previous month.

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