{"id":28020,"date":"2017-11-23T11:52:30","date_gmt":"2017-11-23T11:52:30","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2017\/11\/23\/morocco-inflation-to-interfere-with-the-smooth-running-of-the-economy\/"},"modified":"2020-08-11T11:32:22","modified_gmt":"2020-08-11T09:32:22","slug":"morocco-inflation-to-interfere-with-the-smooth-running-of-the-economy","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2017\/11\/23\/morocco-inflation-to-interfere-with-the-smooth-running-of-the-economy\/","title":{"rendered":"Morocco: inflation to interfere with the smooth running of the economy"},"content":"\nThough structural measures have been introduced by the government in order to improve the financial situation in Morocco\u00a0in 2017, the inflation remains its thorn.\nAs a consequence to the prudent fiscal policy implemented by the administration of Prime Minister Saad-Eddine Al-Othmani, Fiscal deficit was reduced. The reforms also lead to a stabilisation of the public debt around 65% of Gross Domestic Product (GDP). \u00a0\nThe good news is that annual food inflation dropped to 0, 2 % in October from 0.7% in the previous month. However, non-food price inflation stood at 1, 3 % in the 12 months to September. \u00a0 \u00a0\nThe bad one is that the effects of this phenomenon are already coming. In fact, October inflation level\u2019s is having a strong impact on Tourism. The competent agency registered a 3, 2%\u00a0increase in the costs of hotels and restaurants. \u00a0 \u00a0\nDiscover out our latest videos about the economic news in Morocco:\n\n\u00a0\n\n","author":78,"featured_media":5032,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5751,5750,5759,5762],"location":[5525],"class_list":["post-28020","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economy","tag-news","tag-politics","tag-trending","location-morocco"],"short_url":"","have_related_news":null,"chapo":"The Annual inflation is rising again in Morocco to reach a 0, 2 %. It has increased to 0, 6 % in October instead of 0, 4 in September, the High Planning Authority reported on November 22nd.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/inflation-monnaie-1.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/inflation-monnaie-1.jpg 550w","sizes":"550px","alt":"Morocco: inflation to interfere with the smooth running of the economy 1","width":550,"height":360,"ratio":0.71,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/inflation-monnaie-1-932x658.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/inflation-monnaie-1-932x658.jpg 1170w","sizes":"1170px","alt":"Morocco: inflation to interfere with the smooth running of the economy 1","width":1170,"height":658,"ratio":0.71,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morocco: inflation to interfere with the smooth running of the economy - 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