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Keywords: Inflation
Morocco’s central bank, Bank Al Maghrib (BAM), has decided to keep its benchmark interest rate unchanged at 2.25%, signaling a cautious approach amid significant uncertainties in both domestic and global economic conditions. The decision reflects the bank’s commitment to balancing economic......
Morocco’s cost of living experienced a modest decline in May, providing temporary relief to households following months of price instability. However, year-on-year inflation continues to weigh on budgets, highlighting the ongoing financial strain faced by many families. Monthly dip driven by food......
Morocco's economy expanded 3.8% in 2024, as reported by the country's statistics office, the High Commission of Planning (HCP). This growth marks a slight improvement from the 3.7% recorded in 2023 and reflects a slow yet fragile recovery driven primarily by strong domestic demand amidst persistent......
Between 2022 and 2025, Morocco allocated more than MAD 100 billion (approximately $10 billion) to subsidize essential goods, as stated by Minister of Economy and Finance Nadia Fettah during a recent session at the Chamber of Counselors. This significant financial commitment aims to alleviate the burden......
Morocco's economy is set to expand by 3.9% in 2025, with a subsequent growth rate of 3.7% anticipated for the following year, according to the latest forecast from the International Monetary Fund (IMF). This outlook was unveiled during the Spring Meetings of the IMF and World Bank held in Washington,......
Morocco's economy recorded a growth rate of 3.7% in the final quarter of 2024, a decline from the 4.2% achieved in the same period last year. This slowdown, reported by the High Commission for Planning (HCP), is attributed primarily to a downturn in agricultural output, while non-agricultural sectors......
Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......
The US Federal Reserve decided to maintain its interest rates on Wednesday, signaling caution amid ongoing economic uncertainty driven by President Donald Trump’s unpredictable tariff policies. The central bank kept its key lending rate steady between 4.25% and 4.50%. Along with this decision,......
Morocco has significantly increased its imports of vegetable oils, particularly sunflower oil, in recent years. This shift in consumption patterns is largely driven by inflation and changing consumer preferences. According to a report from the Russian Federal Center for the Development of Agricultural......