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A recent survey by Sunergia has highlighted widespread dissatisfaction among Moroccans regarding the recent hike in gas cylinder prices. The increase, effective from May 20, raised the cost of a 12 kg cylinder from MAD 40 to MAD 50, aligning with the government's plan to gradually eliminate butane......
Morocco is currently experiencing a severe meat crisis, with the cost of beef and lamb soaring above 100 MAD, leaving many citizens struggling to afford these essential foods. This significant price hike, ongoing for nearly two years, has sparked widespread public discontent and placed immense pressure......
In a compelling trend, thousands of French nationals, notably those with dual citizenship, are journeying to Morocco annually to acquire property, as revealed by French real estate authority Michel Lechenault in a report published by "Particulier à Particulier," a platform dedicated......
Across Nigeria, hundreds have taken to the streets to protest against the soaring cost of living and escalating fuel prices. The demonstrations, which began recently, are expected to continue for 10 days, prompting heightened security measures in Lagos and the capital, Abuja. Africa's most populous......
Morocco's poultry industry is bracing for a significant price surge in the coming days, sparking concerns among farmers and consumers alike. According to reports, the anticipated spike in chicken prices is drawing attention to the ongoing tensions between poultry farmers and suspected market speculators. The......
In a significant economic development, Morocco witnessed a dramatic reduction in inflation during the second quarter of 2024, with rates plummeting to 0.7% from 1.2% in the preceding quarter. This remarkable shift, as reported by the High Planning Commission (HCP), paints a nuanced picture of the North......
In Morocco, cherry prices have recently surged significantly, with costs reaching up to 80 dirhams per kilogram. This increase has been particularly evident in middle-class and popular marketplaces, and even more pronounced in high-end markets. The sudden rise occurred during the Eid al-Adha period,......
Core inflation in Morocco experienced a notable rise of 2.2% in May 2024 compared to the same month last year, as reported by the High Commission for Planning (HCP). This increase underscores persistent inflationary pressures within the Moroccan economy, even as the broader Consumer Price Index (CPI)......
The United States Department of Agriculture (USDA) has significantly lowered its forecast for global wheat production for the 2024/25 crop year, citing anticipated lower yields in Russia, Ukraine, and the European Union. In its monthly report, the World Agricultural Supply and Demand Estimates (WASDE),......