Inflation Morocco 2014

Average inflation: 0.4%

Current Inflation

Inflation is very low at 0.4%, well below the ECB target.

Peak and Trough

The highest inflation was in December at 1.6%. The lowest inflation was in May at -0.2%.

Highest month
December: 1.6%
Lowest month
May: -0.2%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.5%. The lowest price increase was in Food with an average of -1.2%.

Highest increase
Energy: 2.5%
Lowest increase
Food: -1.2%

Historical Context

Current inflation is 0.7% lower than the 5-year average of 1.1%. This approaches the lowest level since records began (0.4% in 2014).

5-year average
1.1%
10-year average
1.5%
All-time high (2008)
3.7%
All-time low (2014)
0.4%

Trend

Inflation has remained relatively stable. Compared to 2013, the difference is minimal (-1.5 percentage point).

Change vs. previous year
-1.5 percentage points
Largest monthly swing
May: -3.0 percentage points

ECB Target

Inflation is 1.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food
-1.2%
-1.6vs avg.
More details →
Energy
2.5%
+2.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2013
January 0.5% -2.1
February 0.4% -1.9
March 0.4% -1.8
April 0.4% -2.0
May -0.2% -3.0
June -0.1% -2.3
July 0.3% -1.3
August 0.0% -1.9
September 0.1% -1.6
October 0.6% -0.9
November 1.2% +0.2
December 1.6% +1.2
Average 0.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also