Inflation, consumer prices for Morocco
FPCPITOTLZGMAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.99
Year-over-Year Change
-23.45%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Inflation, consumer prices for Morocco' metric tracks changes in the average prices paid by Moroccan consumers for a basket of goods and services over time. This key economic indicator is closely monitored by policymakers, analysts, and economists to assess the overall rate of inflation in the Moroccan economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Inflation, consumer prices for Morocco' series measures the percentage change in the Consumer Price Index (CPI), which represents the average change in prices paid by Moroccan consumers for a fixed market basket of consumer goods and services. The CPI is a widely-used benchmark for evaluating the purchasing power of the Moroccan currency and the effectiveness of the country's monetary and fiscal policies.
Methodology
This data is collected by Morocco's High Commission for Planning through household surveys and published on a monthly basis.
Historical Context
Moroccan inflation trends are closely watched by the Central Bank of Morocco and international institutions like the IMF to guide economic and monetary policy decisions.
Key Facts
- Morocco's inflation rate averaged 1.3% from 2010-2019.
- Inflation reached a high of 2.5% in 2017 before moderating.
- Food and energy prices are major drivers of Moroccan inflation.
FAQs
Q: What does this economic trend measure?
A: The 'Inflation, consumer prices for Morocco' metric tracks changes in the average prices paid by Moroccan consumers for a basket of goods and services over time.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator is closely monitored by policymakers, analysts, and economists to assess the overall rate of inflation in the Moroccan economy and the purchasing power of the Moroccan currency.
Q: How is this data collected or calculated?
A: This data is collected by Morocco's High Commission for Planning through household surveys and published on a monthly basis.
Q: How is this trend used in economic policy?
A: Moroccan inflation trends are closely watched by the Central Bank of Morocco and international institutions like the IMF to guide economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely insights into Moroccan price dynamics.
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Ease of doing business index for Morocco
ICBUSEASEXQMAR
Gross Domestic Product Per Capita for Morocco
PCAGDPMAA646NWDB
Value of Exports to Morocco from District of Columbia
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Citation
U.S. Federal Reserve, Inflation, consumer prices for Morocco (FPCPITOTLZGMAR), retrieved from FRED.