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Keywords: Prices


Democratic Senators Challenge McDonald's on Menu Price Increases Amid Inflation Concerns

Three Democratic senators have expressed their concerns regarding recent price hikes at McDonald's, claiming that these increases exceed reasonable inflation adjustments. In a letter addressed to McDonald’s President and CEO Chris Kempczinski, Senators Elizabeth Warren, Bob Casey, and Ron Wyden......

Morocco's Consumer Price Index Stabilizes as Core Inflation Climbs

Morocco's consumer prices held steady in September 2024, while core inflation continued its upward trajectory, according to the latest report from the High Commissioner of Planning (HCP). The data reveals a complex economic landscape marked by regional variations and sector-specific price fluctuations. Price......

UN Report Reveals Worsening Humanitarian Crisis in Tindouf Refugee Camps

UN Secretary-General Antonio Guterres has expressed deep concern over the deteriorating humanitarian situation in the Tindouf camps, where rising food prices and extreme environmental conditions continue to affect the Sahrawi refugee population. According to Guterres's latest report, the combination......

Moroccan Meat Market Crisis: Lamb Prices Soar as Industry Calls for Action

In a concerning development for Moroccan consumers, lamb prices have skyrocketed to 150 Moroccan dirhams (MAD) per kilogram in various regions across the country. This sharp increase has ignited public outcry and industry concern, as citizens grapple with the possibility that these elevated prices may......

Egypt Amplifies Household Electricity Costs by 50% Amid Economic Reforms

Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......

Moroccan Gas Price Increase Sparks Public Outcry Amid Subsidy Cuts

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 Faces Escalating Meat Prices Amid Drought and Supply Chain Challenges

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......

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......

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