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Keywords: Prices


US consumer prices pise as expected in june amid tariff pressures

 U.S. consumer prices saw a notable increase in June, likely marking the beginning of a long-anticipated rise in inflation, driven by new tariffs. This uptick has kept the Federal Reserve cautious about making further interest rate cuts. The Consumer Price Index (CPI) rose by 0.3% in June after......

High hotel prices push Moroccan expats to vacation in Spain and Portugal

There was a time when summer holidays in Morocco meant pure joy and heartfelt nostalgia — a return to one’s roots, shared tajines with family, and the vibrant alleys of sun-drenched medinas. But for many Moroccan expatriates, that tradition is shifting. Today, a growing number are shortening......

Morocco aims to secure five-month wheat stock amid price drop

Morocco is leveraging declining global wheat prices to bolster its reserves and meet domestic demand for the next three to five months. The move comes as the country continues to grapple with the effects of a persistent six-year drought. Capitalizing on lower wheat prices Abdelkader El Alaoui, President......

Moroccans question rising fuel prices despite global oil drop

Global oil prices have seen a significant decline since April, yet Moroccans are feeling little relief at the pump. Amid growing frustration, many blame the government, particularly Prime Minister Aziz Akhannouch, who is also the founder of Afriquia, one of Morocco’s largest fuel distributors. Global......

Morocco sees slight drop in living costs for May, but inflation persists year-on-year

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......

Poultry prices surge in Morocco ahead of Eid Al Adha sacrifice cancellation

Morocco is witnessing a sharp increase in poultry prices as Eid Al Adha approaches. Scheduled for June 7, the celebration this year comes without its traditional animal sacrifice ritual, leading to a surge in demand for alternative meat options. In Casablanca, poultry prices have reached MAD 23 per......

Five reasons why Spain's housing law has failed

Spain amended its housing law two years ago to curb soaring property prices and rents. The reform aimed to regulate rent prices through a rent control index, increase taxes on landlords with vacant properties, and incentivize below-market rental rates. Since then, rental prices have risen by 24 percent......

Trump to Sign Executive Order to Cut Prices of Medicine to Match Other Countries

U.S. President Donald Trump announced he would sign an executive order aimed at lowering the cost of prescription drugs in the United States by aligning prices with those in other wealthy nations. According to Trump, Americans currently pay 30% to 80% more than citizens in comparable countries. In a......

Oil prices drop following unexpected OPEC+ output increase

Oil prices dropped sharply after key OPEC+ members, including Saudi Arabia and Russia, announced an increase in production of 411,000 barrels per day for June. This follows a similar decision the previous month that had already triggered a decline in prices. The price of Brent crude dipped nearly four......