Morocco's annual inflation to reach 2.1% in 2007
2007-12-26
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.
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Jean-Louis Posted 2007-12-27
This statistic is a lie. The cost of living today is higher than in 2006. Or, is it just that living is more expensive only in certain regions of Morocco? I would love a response.
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