Morocco's annual inflation, measured by the consumer price index, eased to 1.3% in July from 1.8% a month earlier, Morocco's statistics agency said on Monday.
Food prices, the main driver for inflation, rose 0.5% from a year earlier, while non-food inflation increased by 1.8%.
Core inflation, which excludes more volatile goods, was up 0.1% month-on-month and 2.1% year-on-year.
The easing of inflation comes as global commodity prices have shown signs of stabilization, providing some relief to consumers. However, the underlying pressures on food prices remain a concern, particularly with ongoing challenges in the agricultural sector.
The Moroccan government has implemented a series of measures to mitigate the impact of rising prices, including subsidies and targeted support for low-income households. These efforts are aimed at ensuring that the most vulnerable populations are protected from the worst effects of inflation.
