Morocco | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source
Morocco | Consumer price index (2010 = 100)
9.94280607 1960
10.11811013 1961
10.63380279 1962
11.23989889 1963
11.69191609 1964
12.09912462 1965
11.97649039 1966
11.88687307 1967
11.93875678 1968
12.29093714 1969
12.44816051 1970
12.96542541 1971
13.45281786 1972
14.00231355 1973
16.46067492 1974
17.76407877 1975
19.27440783 1976
21.70240518 1977
23.81101797 1978
25.79480089 1979
28.22167364 1980
31.74727423 1981
35.08956608 1982
37.26790367 1983
41.90685182 1984
45.14568107 1985
49.08850585 1986
50.41327698 1987
51.60759527 1988
53.28998713 1989
56.90443061 1990
61.4489129 1991
64.97623205 1992
68.34402421 1993
71.85804944 1994
76.25833577 1995
78.53602678 1996
79.35138699 1997
81.53602058 1998
82.09436507 1999
83.64975329 2000
84.16821603 2001
86.52123923 2002
87.53157688 2003
88.83881199 2004
89.71177917 2005
92.6585973 2006
94.55076474 2007
98.06317731 2008
99.01621705 2009
100 2010
100.90692491 2011
102.20572054 2012
104.1278572 2013
104.58842518 2014
106.21781569 2015
107.95480747 2016
108.76950273 2017
110.73161397 2018
111.06755822 2019
111.85166037 2020
113.41977461 2021
120.97017668 2022
Morocco | Consumer price index (2010 = 100)
Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages. Development relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series. Limitations and exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries. Statistical concept and methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source