Inflation Rate (CPI): Morocco

Analysis# Morocco Inflation Rate (CPI) Morocco's inflation rate stands at 1.8% in 2026, reflecting stable price growth in the economy. The current level remains far below the country's all-time peak of 12.5% in 1981, and slightly above the deflation low of -0.2% recorded in 2009. Since 1980, Morocco has achieved an 80.9% reduction in inflation, demonstrating sustained progress in price stability over four decades. The period from 2021 to 2023 marked a significant disruption, with inflation surging to 6.6% in 2022 before moderating to 6.1% in 2023. Recovery proved swift, dropping to 0.9% by 2024 and recovering to the current 1.8%. This trajectory suggests Morocco has regained control over inflationary pressures and is settling into a sustainable range typical of developed economies.