Morocco Inflation Rate

How much consumer prices are rising compared with a year ago.

0.5%

+0.8pp vs Aug 2026

Sep 2026 · Monthly data

Not seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

Explore the full Morocco economy11 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.

Inflation Rate

Jan 2011 to Sep 2026

Source: IMF MAR.CPI._T.IX.M · CPI, all items, year on year, derived from the IMF monthly consumer price index, not seasonally adjusted. Where the IMF series is unavailable, this falls back to World Bank annual CPI (FP.CPI.TOTL.ZG); the period shown under the figure tells you which is live, a year on its own means the annual fallback.

Morocco Inflation Rate in context

Worked out from the published series shown above.

In Morocco, the inflation rate rose by 0.1pp over the year to Sep 2026, from 0.4% in Sep 2025.

Over the past five years it has ranged from −0.8% in Jan 2026 to 10.1% in Feb 2023.

Its average since Jan 2011 is 1.7%, and the latest reading is below that.

Morocco is 61st of 62 countries in our Inflation Rate by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
MAR.CPI._T.IX.M
Frequency
Monthly
Unit
%
Seasonal adjustment
Not seasonally adjusted
Latest observation
Sep 2026
Revision status
Latest published estimate, subject to revision

Bank Al-Maghrib targets around 2% inflation.

Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.

More Morocco indicators

Latest readings. Open any one for its full history.

Rankings

See every country we track, side by side.