“Considering these developments, Bank Al-Maghrib projects that inflation will accelerate to 6.3 percent on average this year compared with 1.4 percent in 2021, before returning to 2.4 percent in 2023,” said the Central Bank in a statement issued after its board’s 2022 third quarterly meeting.
‘Driven by the increase in food prices included therein, core inflation would accelerate to 6.3% in 2022 after 1.7% in 2021, before decelerating to 2.5% in 2023, according to the same source.
