E-commerce, which is very underdeveloped in Morocco, represents only 2% of the overall retail. Due to the lack of availability of all items online, Moroccans prefer to make most of their purchases on foreign websites and in the informal sector.
The month of Ramadan, although carrying several graces, does not yet make the Moroccan economy happy. While some sectors are making a profit, others are at the bottom of the pit.
Fuel prices at the pump experienced a slight increase this Saturday, unlike diesel, whose price remains unchanged, announce professionals in the sector.
The hashtag "Let it rot" is back. Internet users have relaunched this slogan to denounce the high prices of fish during this Ramadan period. They call for a boycott of fish for price regulation.
Sana Khouja, the Barcelona-born Moroccan, is innovating by creating her own canned wine. The "Zeena" brand is already a hit and could be exported to many countries in the coming months.
The authorities of the Czech Republic have withdrawn from the market Moroccan peppers imported via Spain due to an excessive presence of the pesticides chlorfenvinphos and methomyl.
A few weeks before the start of the Ramadan month, the Moroccan market is sufficiently supplied with basic and essential products to meet the needs of citizens. This is what Abdelouafi Laftit, the Minister of the Interior, in charge of monitoring the supply and prices of these products in preparation for the holy month, indicated on Tuesday.
The consumer price index (CPI) experienced a slight increase in February 2021. This increase is 0.3% compared to the same period in 2020.
Just like the consumer prices of cooking oil, those of red meats will experience an increase due to the surge in international prices of raw materials.
The International Olive Council (IOC) forecasts a 1.5% decline in global olive oil consumption during the 2020-2021 season compared to the 2019-2020 campaign, to settle at less than 3.2 million tons. In Morocco , olive oil consumption maintains a positive trend as it is already the second most consumed oil by Moroccans.
Despite the health crisis, tobacco consumption in Morocco has not decreased. In 2020, 759 million packs of cigarettes were sold, an increase of 4.5% compared to the previous year.
Electricity production in Morocco fell by 4.1% at the end of 2020, after an increase of 17.2% in 2019. This is what the Directorate of the Treasury and External Finance (DTFE) of the Ministry of Finance indicates in its latest economic note published in January 2021.