Bank Al Maghrib maintained its key interest rate unchanged at 2.5 pc

Rabat – Bank Al Maghrib (BAM) announced Tuesday in Rabat, that have provided an inflation rate of 1.4 pc on average in 2015, taking into account the increase in the minimum wage took effect in July 2014 and of those before place in July 2015, and the new pricing of water and electricity and disregarding any possible element that can have a negative impact.

Inflation is expected to remain subdued with a balance balanced risks, to $ 1.4 pc on average in 2015 and at the end of the forecast horizon, the second quarter of 2016, BAM says in a statement, published following its quarterly meeting.