Morocco’s inflation rose again as higher fuel prices increased pressure on households and businesses nationwide.
According to official data, annual inflation climbed to 1.7% in April 2026 from 0.9% in March.
The increase mainly came from rising transport and fuel costs linked to Middle East tensions.
Fuel Prices And Transport Pressure
Transport prices recorded the sharpest increase as global fuel prices continued climbing.
Transport costs jumped by 8.4% compared with April last year because fuel prices increased globally.
Food And Non-Food Trends
At the same time, food prices, Morocco’s biggest inflation driver, rose slightly by 0.6% year-on-year in April.
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In contrast, non-food prices increased faster, rising by 2.5% during the same period.
Core Inflation Movement
However, core inflation fell by 0.3% year-on-year but edged up by 0.1% monthly.
Overall, the figures reflect growing concerns over continued volatility in global energy markets.
To reduce economic pressure, Morocco announced additional spending plans worth 20 billion dirhams for 2026.
Specifically, the government will use the funds to support electricity, cooking gas and transport subsidies.
Over recent years, Morocco maintained relatively moderate inflation levels compared with many developing economies.
However, inflation risks increased since 2022 because supply chain disruptions and commodity prices worsened globally.
Earlier this year, Morocco’s central bank retained its benchmark interest rate at 2.25% despite uncertainty.
