As the feast of sacrifice approaches, livestock prices are raising concerns in Morocco. The evolution of tariffs results from a complex balance between the surge in diesel prices and the improvement in recent weather conditions.
New surge in fuel prices in Morocco. As of April 16, the price of diesel jumps by about one dirham, pushing prices to new highs in a context of high volatility in global energy markets.
Despite a surge in the price of firewood , which has doubled, Moroccan hammam owners are for now refusing to raise their prices. They are trying to preserve the purchasing power of their customers by cutting into their profit margins.
At 14 dirhams per kilo, the tomato becomes inaccessible for many Moroccan households. Faced with this unprecedented surge, professionals denounce a massive export to Europe and Africa that empties the domestic market and asphyxiates purchasing power.
The announcement of a truce in the Middle East has caused global oil prices to fall below the $100 mark. In Morocco, consumers are hoping that this decline will finally relieve their purchasing power, heavily impacted by inflation.
The launch of the marketing campaign for Moroccan watermelons in Zagora is experiencing a difficult start. Between Mauritanian competition and soaring transportation costs, exporters are concerned while prices remain inaccessible locally.
The Moroccan Managem group, owned by the royal family, is investing $750 million to boost its gold production by 134%. The goal is to reach 500,000 ounces per year by 2030, taking advantage of historically high global prices.
The Moroccan government has announced the injection of 1.648 billion dirhams per month to block energy prices. This exceptional measure responds to the explosion of global costs caused by the war in Iran and the closure of the Strait of Hormuz.
Faced with the surge in fuel prices, the CDT is calling on Prime Minister Aziz Akhannouch this Tuesday. The union is demanding emergency measures and a return to price regulation to protect the purchasing power of Moroccan households.
The Moroccan Ministry of Agriculture has expressed reservations about the import of onions and potatoes from Egypt and Turkey. This decision comes as prices are soaring on the domestic market and exports are declining.
The Ministry of Transport justified, before the House of Representatives, the surge in Royal Air Maroc ticket prices due to market forces, while outlining the overall overhaul of its fleet and services.
A prolonged closure of the Strait of Ormuz directly threatens emerging economies. Morocco is among the countries most exposed to a risk of recession if this geopolitical blockade exceeds the three-month mark.