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Keywords: Prices


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......

Tomato Price Rollercoaster: A Constant Battle for Moroccan Consumers

In an almost artistic movement, tomato prices in Morocco engage in a veritable classical dance, fluctuating between sublime elevations and dramatic falls, much to the dismay of consumers. After a period of relative calm, during which prices seemed to have finally taken pity on the already strained pockets......

Morocco Reinstates Temporary Sheep Import Subsidy to Stabilize Meat Prices

In a strategic move aimed at fortifying the domestic market and mitigating the soaring meat prices, the Moroccan government has announced the revival of its 2023 sheep import subsidy program. This resurrection, however, comes with stringent regulations and a finite timeframe, reflecting the authorities'......

Study Warns of Rising Food Costs Amid Climate Crisis

A recent study published by scientific publishing "Springer Nature" delivers a sobering message, signaling an imminent surge in food prices fueled by the escalating global warming crisis. Conducted by a team of experts, the research paints a grim future, particularly for nations in the southern......

Ramadan Bounty: Morocco's Markets Abundantly Stocked with Varied Offerings

In a reassuring announcement, the Directorate of Competition, Prices, and Compensation, under the auspices of the Ministry of Economy, has declared that Morocco's national markets have been abundantly supplied with a diverse array of goods throughout the first weeks of the holy month of Ramadan,......

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