Morocco Boosts Food and Gas Subsidies by 28% in 2022 Budget
20 October 2021
The government has announced that a credit of 16.2 billion DH has been planned in the 2022 Finance Bill to subsidize the prices of butane gas and food products.
Food
Morocco’s Consumer Price Index Rises 0.8% Year-on-Year, Food Costs Drop
21 September 2021
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’s Wheat Production Surges, Reducing Import Needs
21 September 2021
Morocco’s wheat production, formerly in difficulty, has recovered during the 2020/2021 season. As a result, the kingdom will reduce its purchases on the international market.
Moroccan Households Struggle as Basic Food Prices Soar Amid Scrutiny of Trader Profits
16 September 2021
Rice, tea, cooking oil, milk, coffee and durum wheat bread... the list of products whose prices are rising is very long. A situation that would be attributable to the evolution (…)
Moroccan Bakers Warn of Potential Bread Price Hike Amid Rising Costs
28 August 2021
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 (…)
U Express Supermarket Chain Expands in Morocco with Four New Locations
13 August 2021
After two years of activity in Morocco, the French giant in food distribution, U Express, is preparing to launch very soon four new points of sale.
Tetouan Prison Refutes Claims of Overpriced Goods, Pledges Transparency
2 August 2021
The prices of goods and food products in the local prison store in Tetouan are the same as those practiced on the market. There is no overcharging, assures the administration (…)
Morocco to Phase Out Subsidies on Sugar, Flour, and Butane Gas by 2023
31 July 2021
As of 2023, lump sugar and soft wheat flour will see their state subsidies completely eliminated. This measure also concerns butane gas, but will be done in two stages.
Morocco’s Energy Bill Plummets 34.6% in 2020 Amid Falling Oil Imports
24 July 2021
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.
Morocco’s Automotive Exports Drop 10% in 2020, Leading Trade Decline
22 July 2021
Automotive exports, Morocco’s leading export sector for seven years, amounted to 72.18 billion dirhams (MMDH) in 2020, down 9.9% compared to 2019.