Morocco Raises Minimum Wages as Inflation Hits Record

The cabinet has signed into law a 6% rise in the public sector minimum wage and a 5% rise for workers in the private industries and services sector, government spokesman Mustapha Baitas tells reporters in Rabat.

• Increase goes into effect this month
• NOTE: Consumer inflation hit an annual 7.7% in July, its highest on record
• Measures also include a 10% rise in minimum wage for agricultural sector employees
• Read Morocco Defies Global Trend to Hold Rate Despite Inflation Surge

To contact the reporter on this story:
Souhail Karam in Rabat at skaram10@bloomberg.net

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