Inflation Rate Trends and Forecast for Morocco from 1990 to 2029

Morocco maintained relatively low inflation in the 1990s, with rates averaging around 5-6%. A significant drop occurred in 1997 when inflation fell to 1.1%, driven by monetary reforms and stable agricultural outputs. A brief spike to 6.6% in 2022 was attributed to global food price volatility and energy disruptions.

Inflation is projected to stabilize at 2.0% by 2029, reflecting Morocco’s efforts in diversifying its economy and enhancing monetary stability.