Rabat, Jan. 23 -- The High Commission for Planning (HCP) has released economic data on Morocco's Consumer Price Index (CPI) and underlying rate of inflation from the final period of 2018. The CPI in December of 2018 was down 0.7 percent from November 2018. Overall, the average annual CPI increased by 1.9 percent in 2018.

CPI, which measures changes in the cost of products and demonstrates the cost of living, is also an indicator of inflation.

Over 2018, the food product index rose by 1.3 percent and the non-food product index rose by 1.8 percent.

The annual underlying rate of inflation was 0.7 percent over 2018. The underlying rate of inflation measures the inflationary pressures in the economy that are predominantly caused by market f...