Morocco: Price Fluctuations in Casablanca’s Market Reflect Economic Struggles for Moroccan Households

  1. Morocco: Price Fluctuations in Casablanca’s Market Reflect Economic Struggles for Moroccan Households
Location:
Casablanca, Morocco, Morocco, Maghreb
Incident Date: August 19, 2024
Instability Rating Max 5.0: 1.50
DESCRIPTION::

Moroccan households are struggling with fluctuating prices at the Casablanca wholesale market, where weekly changes in the cost of produce and meat are impacting their budgets. On August 18, 2024, the prices of vegetables like zucchini dropped to 5.50 DH/kg, while tomatoes slightly increased to 4.00 DH/kg. Imported bananas saw a significant price decrease to 11.00 DH/kg, offering a rare relief. However, meat prices, particularly beef and lamb, continue to rise, reaching 90.00 DH/kg and 110.00 DH/kg, respectively. These ongoing price changes reflect the broader economic instability in Morocco, where rising living costs are eroding the purchasing power of citizens. Despite the challenges, Moroccans continue to adapt, finding ways to cope with the increasingly volatile market conditions.

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