Keywords: Fluctuations


Spain dismisses cyberattack theory in nationwide blackout investigation

Spain's government has officially ruled out a cyberattack as the cause of the significant blackout that affected the Iberian Peninsula last month. This announcement comes as authorities continue to investigate the outage, which occurred on April 28, leaving cities across Spain and Portugal in darkness......

Moroccan motorists grapple with fuel price surge

Morocco’s fuel imports have surged to 1.7 million tons, valued at $1.26 billion, marking a 10.8% increase in volume. This rise has led to a noticeable hike in fuel prices across the country, with diesel increasing by 20 cents per liter and gasoline by 16 cents per liter. In Casablanca, the average......

Morocco's fuel market shows resilience amid price fluctuations in Q3 2024

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Moroccan Dirham Holds Steady Against Euro, Dips Against US Dollar

The MASI Index Drops by 1.8%, Reflecting Market Volatility The Moroccan dirham maintained its stability against the euro but experienced a 1.17% depreciation against the US dollar between September 26 and October 2. This fluctuation underscores the ongoing dynamics in the global currency market and......

Morocco's Fishing Industry Navigates Shifting Tides

In a recent report from the National Office of Fisheries (ONP), Morocco's inshore and artisanal fishing sector witnessed a subtle downward shift in the first five months of 2024. The value of marketed products dipped by 1% to 4.37 billion dirhams, while the weight of these products declined by 7%......

Price of Beverages in Cafes: The Competition Council Opens Dialogue

Amidst the controversy surrounding the surge in beverage prices at cafes, the Competition Council has taken a decisive step by convening a listening session yesterday, Thursday, at the council's headquarters. Representatives of professionals affiliated with the National Federation of Cafe and Restaurant......

Tomato Price Rollercoaster: A Constant Battle for Moroccan Consumers

In an almost artistic movement, tomato prices in Morocco engage in a veritable classical dance, fluctuating between sublime elevations and dramatic falls, much to the dismay of consumers. After a period of relative calm, during which prices seemed to have finally taken pity on the already strained pockets......

Moroccan Customs Achieve Marginal Gains in 2023 Despite Revenue Fluctuations

In the realm of Moroccan customs, 2023 marked a year of modest progress, with recent data revealing a slight uptick in overall revenues amidst fluctuating streams of income. Despite facing some ups and downs, the total net customs revenues for 2023 reached 84.49 billion dirhams ($8.3 billion), showcasing......