Keywords: Inflation impact
Gold prices fell to their lowest level in nearly two weeks on Friday, putting the metal on track for its first weekly decline in five weeks as a stronger US dollar and rising oil prices weighed on demand. Spot gold dropped to around 4,661 dollars per ounce during early Asian trading before recovering......
European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty......
Morocco's economy expanded 3.8% in 2024, as reported by the country's statistics office, the High Commission of Planning (HCP). This growth marks a slight improvement from the 3.7% recorded in 2023 and reflects a slow yet fragile recovery driven primarily by strong domestic demand amidst persistent......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
The Household Confidence Index (HCI) experienced a slight uptick during the fourth quarter of 2024, according to the latest survey by the High Commission for Planning (HCP). It reached 46.5 points, compared to 46.2 points in the previous quarter and 44.3 points a year earlier. Widespread concerns about......
In a significant political development, Argentina's lower house of Congress has failed to overturn President Javier Milei's veto of a bill aimed at increasing funding for public universities. This decision, reached during a recent vote, underscores the ongoing tension between the government and......
Morocco's economic landscape is facing a critical juncture as the country grapples with mounting inflationary pressures. The latest data reveals a significant surge in the Consumer Price Index (CPI), raising alarms about the potential impact on the nation's economic stability. According to official......
Morocco is grappling with a severe cost-of-living crisis, deeply affecting hunger and anemia rates among young women. Despite post-COVID economic growth, inflation has strained middle and lower-income families, leading to increased food insecurity. Economic Struggles and Food Scarcity The UN’s......
In a striking development, McDonald’s outlets in Morocco have witnessed a dramatic 35% decline in customer visits over the past eight months, according to sources cited by local media. This significant drop underscores the multifaceted challenges the fast-food chain is currently grappling with,......
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