The consumer price index (CPI) of households in the city of Tangier decreased by 0.2% last October compared to the previous month, and increased by 0.3% year-on-year.
The food product price index decreased by 0.3% last October compared to September, due to the drop in the prices of “Meat” of 4.3%, “fruit” and “mineral water, soft drinks and fruit and vegetable juices” by 0.6%, “bread and cereals” by 0.2% and “milk, cheese and eggs” by 0.1%, indicates an information note from the regional directorate of High planning commission (HCP) of Tangier-Tetouan-Al Hoceima.
The monthly variation of the index of non-food products also decreased by 0.1%, following the drop in the prices of “transport” of 0.9%, of “communication” of 0.6%, of “furniture , household items and routine home maintenance” by 0.2% and “health” by 0.1%.
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Furthermore, the increase in prices for “miscellaneous goods and services” of 0.4% and “items of clothing and shoes” of 0.3%, and the stagnation of the indices of the other divisions did not impact the evolution general, specifies the same source.
Over one year, the food product price index declined by 0.5% last October, due to the fall in prices of “Fruit” by 13.7%, “Vegetables” by 6. 0%, “oils and fats” of 4.2%, “milk, cheese and eggs” of 1.9% and “mineral waters, soft drinks and fruit and vegetable juices” of 0.3%.
On the other hand, the annual variation of the non-food products index increased by 0.9%, while the variation in prices of the divisions that constitute non-food products fluctuated between a decrease of 3% for the “transport” division » and an increase of 6.3% for the “restaurants and hotels” division.
The CPI is the instrument for measuring inflation. It contributes to the monitoring and analysis of the economic situation, and constitutes an essential element for the implementation of financial policy and the indexing of contracts between the different socio-economic partners.
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