Consumer prices rise 0.8% in August as fuel prices jump 9.8%

High Commission for Planning (HCP)

Food prices increased 0.9% over the month, while underlying inflation rose 0.2% from July and 0.1% year-on-year, according to an HCP publication.

On 22/09/2026 at 10h29

Morocco’s consumer price index (CPI) rose by 0.8% in August 2026 compared with the previous month, driven by increases in both food and non-food prices, according to a publication from the High Commission for Planning (HCP).

The increase resulted from a 0.9% rise in the food price index and a 0.7% increase in the non-food price index, the HCP said.

Among food products, the sharpest increases between July and August were recorded for fish and seafood, as well as milk, cheese and eggs, with prices rising by 2.8%. Meat prices increased by 2.2%, while vegetable prices rose by 1% and coffee, tea and cocoa by 0.3%.

Fruit prices moved in the opposite direction, falling by 1.9% over the month.

Within the non-food category, the main increase concerned fuel prices, which rose by 9.8% in August, according to the HCP.

The largest monthly increases in the CPI were recorded in Al Hoceima at 1.6% and Agadir at 1.4%. Prices rose by 1.2% in Tetouan, Safi and Beni Mellal, followed by Oujda at 1.1%, Fez at 1% and Tangier at 0.9%.

Rabat, Settat and Errachidia recorded increases of 0.8%, while Marrakech, Meknes, Laayoune, Dakhla and Guelmim registered increases of 0.6%. Casablanca and Kenitra recorded increases of 0.5%.

Compared with August 2025, however, the CPI fell by 0.3% in August 2026, reflecting a 3.9% decline in food prices that offset a 2.5% increase in non-food prices.

Within the non-food category, annual price changes ranged from a 0.2% decline in communication prices to a 7.3% increase in transport prices, according to the HCP publication.

The underlying inflation indicator, which excludes products with volatile prices and those subject to public tariffs, increased by 0.2% in August compared with July and rose by 0.1% compared with August 2025.

By Youssef Labchir
On 22/09/2026 at 10h29