Makrognosis

Morocco Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode MA.CPI.M.NSA

Latest (y/y)0.5%September 2026
Previous (y/y)−0.3%August 2026
Level120.8September 2026

Morocco Inflation Rate (CPI) was up 0.5% year on year in September 2026, compared with −0.3% in August 2026.

The level stood at 120.8 (index 2017=100).

Among the 80 economies Makrognosis covers on this measure, it is the 3rd lowest.

Over the past available history it has ranged from −0.8% (Jan 2026) to 10.1% (Feb 2023), averaging 2.1%.

Morocco Inflation Rate (CPI), annual % change, Jan 2018 – Sep 2026−2.5%0.0%2.5%5.0%7.5%10.0%201820192020202120222023202420252026Robomacro
Morocco Inflation Rate (CPI), annual % change, Jan 2018 – Sep 2026. Source: High Commission for Planning (HCP), Morocco.
Morocco Inflation Rate (CPI), level (index 2017=100)9510010511011512020182020202220242026Robomacro
Morocco Inflation Rate (CPI), level (index 2017=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026120.80.5
August 2026119.6−0.3
July 2026118.7−0.6
June 2026119.90.3
May 2026120.41.2
April 2026121.51.7
March 2026121.00.9
February 2026119.6−0.6
January 2026119.0−0.8
December 2025118.7−0.3
November 2025118.8−0.3
October 2025119.50.08
September 2025120.20.4
August 2025120.00.3
July 2025119.40.5
June 2025119.50.4
May 2025119.00.4
April 2025119.50.7
March 2025119.91.6
February 2025120.32.6
January 2025119.92.0
December 2024119.00.7
November 2024119.20.8
October 2024119.40.7

Last 24 observations. The full history (117 observations) is available through the API.

Get Morocco Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/MA.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/MA.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2017
Observations117
FrequencyMonthly
Unitsindex 2017=100
AdjustmentNot seasonally adjusted
10-year high10.1% (Feb 2023)
10-year low−0.8% (Jan 2026)
10-year average2.1%
Source agencyHigh Commission for Planning (HCP), Morocco
Makrognosis codeMA.CPI.M.NSA

Inflation Rate (CPI): how Morocco compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
69JapanSep 20262.2%
70DenmarkOct 20262.2%
71KuwaitJul 20262.2%
72HungarySep 20262.1%
73Saudi ArabiaSep 20261.9%
74Hong KongSep 20261.9%
75MalaysiaSep 20261.8%
76IsraelSep 20261.7%
77SwitzerlandOct 20261.5%
78MoroccoSep 20260.5%
79ChinaOct 20260.5%
80Trinidad and TobagoJun 20260.3%

Inflation Rate (CPI) by country: all 80 economies ranked →

Other Morocco indicators

Morocco 10-Year Government Bond YieldMorocco Credit Rating & Sovereign Risk ScoreMorocco Government Debt to GDPMorocco Bank Al-Maghrib official policy rate (taux directeur), calendar-month average of the rate in forceMorocco MAD per USD, calendar-month average of the official Bank Al-Maghrib reference rateMorocco Sovereign Bond Spread vs US TreasuriesMorocco Treasury direct debt, MAD billion (BAM Annual Report Table 1.5.4 year-end)

FAQ

What is the current inflation Rate (CPI) in Morocco?
The latest reading is 0.5% year on year for September 2026, published by High Commission for Planning (HCP), Morocco.
Where does this data come from?
It is collected directly from High Commission for Planning (HCP), Morocco and is available through the Makrognosis API under the code MA.CPI.M.NSA.

Last updated 2026-10-23. Source: High Commission for Planning (HCP), Morocco. Original title: “Morocco CPI All Items (HCP, 2017=100)”.