26/12/2007
Annual inflation in Morocco is expected to total 2.1% in 2007, compared to 3.3% in 2006, Morocco's central bank said Tuesday (December 25th). The bank also reported a decrease in the cost of living index to 1.4% in November compared to 3.5% during the same period in 2006, MAP reported. The bank warned that the inflation rate could rise due to the surge in oil prices and increases in food prices.