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Cost-of-living index up 4.8% in August

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The cost-of-living index for August has edged 4.8% from the same period of last year, the High Commission for Planning (HCP) said on Thursday.

Rabat- The cost-of-living index for August has edged 4.8% from the same period of last year, the High Commission for Planning (HCP) said on Thursday.

   The rise is pinned on a 8.3% hike of the food product prices and a 1.8% progress of non-food product prices, the Rabat-based HCP said in its monthly bulletin. 

    Compared to July, the index edged 0.4%, inflated by a 0.8% rise of the food product prices and a 0.1% progress of non-food products, it said. 

    The year-on-year index for July had jumped 5.1% on the food price hike, which had rocketed 9.1%. 

    The highest rise was registered in the western city of Kenitra, with 1.3%, followed by Tangier, where the index rose 1.2% and Fez and Tetouan (1%), the commission said.

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