Impact of COVID-19 on projected inflation in Morocco 2020-2021
Prior to the coronavirus (COVID-19) pandemic, the inflation rate in Morocco in 2020 and 2021 was expected at 1 and 1.2 percent, respectively. On the contrary, under a baseline scenario, inflation was projected at 0.4 percent in 2020 and 1.1 percent in 2021. Moreover, under a worst case scenario, where the pandemic continued to the end of 2020, inflation rate was estimated at 0.4 and 1.3 percent for 2020 and 2021 respectively.
