Morocco - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Morocco was 113.42 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 113.42 in 2021 and a minimum value of 9.94 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 9.94
1961 10.12
1962 10.63
1963 11.24
1964 11.69
1965 12.10
1966 11.98
1967 11.89
1968 11.94
1969 12.29
1970 12.45
1971 12.97
1972 13.45
1973 14.00
1974 16.46
1975 17.76
1976 19.27
1977 21.70
1978 23.81
1979 25.79
1980 28.22
1981 31.75
1982 35.09
1983 37.27
1984 41.91
1985 45.15
1986 49.09
1987 50.41
1988 51.61
1989 53.29
1990 56.90
1991 61.45
1992 64.98
1993 68.34
1994 71.86
1995 76.26
1996 78.54
1997 79.35
1998 81.54
1999 82.09
2000 83.65
2001 84.17
2002 86.52
2003 87.53
2004 88.84
2005 89.71
2006 92.66
2007 94.55
2008 98.06
2009 99.02
2010 100.00
2011 100.91
2012 102.21
2013 104.13
2014 104.59
2015 106.22
2016 107.95
2017 108.77
2018 110.73
2019 111.07
2020 111.85
2021 113.42

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices