
Morocco's New Car Sales Plummet 10.56% in Early 2023, Industry Data Shows
The upturn in new car sales is not for tomorrow. These sales fell by 10.56% at the end of February 2023 compared to the same period in 2022.

The upturn in new car sales is not for tomorrow. These sales fell by 10.56% at the end of February 2023 compared to the same period in 2022.

Morocco is currently facing a difficult economic situation, marked by galloping inflation. According to the latest note on the economic situation from the High Commission for Planning (HCP), the consumer price index (CPI) increased by 8.9% in January 2023.

With the return of tourists to Morocco, fiscal royalties on the consumption of alcoholic beverages have exploded in 2022, according to data published by the Ministry of Economy and Finance.

Before lack of money, 36% of Moroccans suffer from lack of food and 62% fear running out of it, according to a worrying report recently published.

Over the whole of 2022, new vehicle sales have seen a decline, according to statistics from the Association of Vehicle Importers in Morocco (AIVAM).

Bad news for smokers in Morocco. As of January 2023, cigarette prices will see a new increase .

Tim Hortons, a Canadian chain of restaurants specializing in coffee sales with donuts, has announced the opening of a subsidiary in Casablanca, its second in Africa after the one in South Africa.

Green tea prices have remained stable in Morocco, despite the volatility of international commodity prices. But how long will this stability last?

The Spanish Agency for Food Safety and Nutrition (AESAN) has issued an alert regarding the presence of histamine in a batch of smoked sardines in sunflower oil of Moroccan origin from the brand El Menu.

After 6.3% in the second quarter, inflation has accelerated in Morocco, according to the High Commission for Planning (HCP) which expects 7.8% in the third quarter of 2022.

Announced for several months by professionals in the sector, the milk shortage has been confirmed by the government during the weekly press briefing. According to the government spokesman, the situation is due to several factors.

The Sunergia Group has just carried out a new study on the quality of Moroccan products. It emerges that 79% of the people surveyed find that local food and beverages have much better quality, while 12% prefer the quality of foreign products.