
Global Cereal Prices Surge 41%, Driving Up Bread Costs in Morocco
The surge in bread prices in Morocco would be the direct consequence of the global market situation according to FAO experts. Here are some explanations.

The surge in bread prices in Morocco would be the direct consequence of the global market situation according to FAO experts. Here are some explanations.

The consumer price index (CPI) recorded an increase of 0.8% in August 2021 compared to the same month last year, but stagnant compared to July.

Morocco has decided to abolish import duties on soft wheat as of November 1, 2021. However, nothing is certain yet as to the effective implementation of this decision.

The rise in prices of products used in the manufacture of bread and its derivatives is increasingly worrying Moroccan bakers. They even plan to raise the price of bread due to this situation, which adds to the impacts of the health crisis.

With the fluctuations noted in airfares due to the Covid-19 pandemic, the Malaga-Tetouan air route has become the most expensive in 2021 with an increase of 668.7% compared to 2019.

Morocco’s energy bill has dropped considerably in 2020. This emerges from the annual report on foreign trade for the year 2020, carried out by the Office des Changes .

A few days before Eid Al-Adha, sheep prices are skyrocketing in Morocco. Middlemen and other "chennaqas" are being blamed.

Medication prices have been revised in Morocco. While the costs of several products have fallen, this is not the case for 7 drugs whose price has rather increased.

In the markets of the kingdom, the price of poultry has suddenly increased by 2 to 3 dirhams per kilo . The authorization of wedding celebrations following the easing of restrictive measures would be at the origin of this sudden increase.

Following the intervention of King Mohammed VI , shipping companies have lowered the prices of maritime travel and increased the capacity of maritime lines to Moroccan ports, in order to facilitate the return of Moroccans residing abroad (MREs).

In Morocco, new provisions now govern the marketing of agricultural products, particularly fruits and vegetables . The bill that was adopted on Thursday, June 3, should satisfy not only consumers but also producers.

Cooking oil prices will continue to soar in Morocco, much to the dismay of consumers. Producers have made a decision in this direction.