Arab Today, arab today morocco\s inflation eases in february
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Morocco\'s inflation eases in February

Arab Today, arab today

Arab Today, arab today Morocco\'s inflation eases in February

Rabat - Arabstoday

Prices hold relatively stable after government pours in extra funds to subsidise staple foods and energy.Inflation in Morocco, as measured by consumer prices, was running at an annual 0.4 per cent in February, less than half its level a month earlier, as a drop in communication costs offset increases in food prices, official data showed on Friday. Food prices, which account for about 40 per cent of the consumer price index\'s total weighting, rose 0.4 per cent in February compared with their level a year earlier and versus a 1.6 per cent rise in January, the High Planning Authority said. Communication costs meanwhile fell 12.6 per cent in the 12 months to end-February, 2012, it said. Underlying inflation, a gauge used by Morocco\'s central bank to set the benchmark interest, rose 1.3 per cent year-on-year, the authority said. On a monthly basis, inflation rose 0.3 per cent from January after a 0.7 per cent rise in food prices. Inflation, which stood at 0.9 per cent in 2011, is projected to rise to as much as 2.5 per cent in 2012, the government said. The state has spent the equivalent of 6 per cent of the $97-billion Gross Domestic Product (GDP) on subsidising staples, mostly wheat and sugar, as well as energy products, to hold down inflation. From: Ahram online

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today morocco\s inflation eases in february Arab Today, arab today morocco\s inflation eases in february

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today morocco\s inflation eases in february Arab Today, arab today morocco\s inflation eases in february

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday