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Keywords: Prices


French Investors Find Allure in Morocco's Real Estate Market

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......

Nigeria Faces Nationwide Protests Over Economic Hardship and Rising Costs

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......

Moroccan Poultry Prices Set to Soar: Farmers Blame Speculators

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......

Morocco's Economic Landscape Shifts as Inflation Halves in Q2 2024

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......

Surge in Cherry Prices: Examining the Factors Driving the Cost Hike in Morocco

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,......

Morocco’s Core Inflation Sees 2.2% Year-Over-Year Spike in May

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)......

Global Wheat Harvest Forecast Tumbles; Russia Bears the Brunt

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),......

Morocco Secures Top Spot Among African Nations with Soaring Gasoline Prices

In a recent report by Global Petrol Prices, a platform tracking fuel costs across the globe, Morocco has emerged as one of the African countries grappling with the highest gasoline prices. Despite a marginal dip last week, fuel prices in the North African nation continue to soar, surpassing last year's......

Morocco's Inflation Reaches Stable Grounds; Core Prices Rise Modestly

A recent briefing from the High Commission of Planning (HCP) reveals that Morocco's core inflation, an index that excludes products with volatile prices and public tariffs, experienced a modest 0.2% month-on-month (MoM) increase in April. This mild uptick in core prices indicates a stabilizing trend......

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