Morocco's Annual Inflation Rises to 0.6% in October

File photo of a police officer standing near a Moroccan national flag in Agadir. REUTERS/Amr Abdallah Dalsh

Rabat: Asharq Al Awsat

14:59-23 November 2017 AD ـ 05 Rabi’ Al-Awwal 1439 AH

14:57-23 November 2017 AD ـ 05 Rabi’ Al-Awwal 1439 AH

Rabat: Asharq Al Awsat

14:59-23 November 2017 AD ـ 05 Rabi’ Al-Awwal 1439 AH

14:57-23 November 2017 AD ـ 05 Rabi’ Al-Awwal 1439 AH

Morocco's Annual Inflation Rises to 0.6% in October

File photo of a police officer standing near a Moroccan national flag in Agadir. REUTERS/Amr Abdallah Dalsh

Morocco's annual inflation rose to 0.6 percent in October from 0.4 percent in September, the High Planning Authority said on Wednesday.

Annual food inflation eased to 0.2 percent from 0.7 percent in the previous month, while non-food price inflation was flat at 1.3 percent in the 12 months to September.

Hotels and restaurants' costs rose 3.2 percent, the agency said without giving details.

On a month-on-month basis, consumer price index eased 0.1 percent in October as food price inflation fell to 0.3 percent from 1.5 percent.

Gazprom, CNPC Discuss Future Russian Gas Supplies to China

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

Asharq Al Awsat

11:10-12 July 2025 AD ـ 17 Muharram 1447 AH

Asharq Al Awsat

11:10-12 July 2025 AD ـ 17 Muharram 1447 AH

Gazprom, CNPC Discuss Future Russian Gas Supplies to China

The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties with the world's biggest energy consumer.

Russia, the holder of world's largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022, Reuters said.

At the same time, Russia's diversification of pipeline natural gas from the European Union has been slow.

It started gas exports to China via the Power of Siberia pipeline in the end of 2019 and plans to reach the pipeline's annual exporting capacity of 38 billion cubic meters this year.

Russia and China have also agreed on exports of 10 bcm of gas from Russia's Pacific island of Sakhalin starting from 2027.

However, years of talks about the Power of Siberia 2 pipeline, which would ship 50 bcm of gas per year to China via Mongolia, have yet to be concluded as the two sides disagree over issues such as the gas price.

Russian President Vladimir Putin is set to travel to China in early September to participate in celebrations marking the anniversary of the victory over Japan in World War II.

The trip follows Chinese President Xi Jinping's visit to Moscow in May.

Morocco's Annual Inflation Rises to 0.6% in October

Morocco's Annual Inflation Rises to 0.6% in October

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Gazprom, CNPC Discuss Future Russian Gas Supplies to China

Gazprom, CNPC Discuss Future Russian Gas Supplies to China

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