Morocco Inflation Rate Edges Higher to 0.8% âšī¸
Morocco's annual inflation rate rose to 0.8% in November 2024, driven by higher prices in food, housing, and hospitality sectors, while consumer prices fell 0.2% month-over-month.
The article provides information about the inflation rate in Morocco, which increased slightly from 0.7% in October to 0.8% in November 2024. The increase was driven by higher prices in certain sectors, such as food, housing, and hospitality. However, consumer prices overall fell by 0.2% on a monthly basis. Given the relatively small changes in the inflation rate and the fact that it remains low, the impact on the provided investment portfolio is likely to be neutral, as the portfolio is diversified across various asset classes and geographies.
Morocco Trims Key Policy Rate to 2.50% âšī¸
The National Bank of Morocco cut its benchmark interest rate by 25 bps to 2.50% in December 2024, citing low inflation and a moderate economic outlook.
The interest rate cut by the National Bank of Morocco is a neutral event for the given investment portfolio, as it does not have a significant direct impact on the performance of the assets included. The portfolio is diversified across various global markets and sectors, and the interest rate change in Morocco is unlikely to have a material effect on the overall portfolio returns.