Morocco's High Commission for Planning said that the Kingdom's inflation rate, based on the consumer price index, stabilized at 4.9% year-on-year last September, compared to 5% in the previous month.
Food prices, Morocco's main driver of inflation, rose 9.9 percent year-on-year, while non-food prices increased 1.3 percent.
On a monthly basis, the index rose 0.8%.
Core inflation, which does not include volatile items, was 4.6% year-on-year and 0.5% month-on-month.
Minister of Economy and Finance Nadia Fattah had expected inflation in the country to decline to approach its normal level of 2% in 2024, noting that this inflation has slowed since the peak recorded in February 2023, reaching 10.1% before returning to 5% last August.
"In order to maintain this downward trend of inflation and prevent any shock to the supply of food products in particular, Morocco is working to better address the issue of food security," the minister said.