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Nigeria: Fuel Price Hike Triggers Filling Station Closures and Transport Fare Increases in Anambra State
Awka South, Anambra, Nigeria, Nigeria, West Africa
September 3, 2024
2.50
On September 3, 2024, most filling stations in Anambra State, including the capital Awka, closed after news spread of a directive from the Nigeria National Petroleum Company Limited to raise fuel prices from N617 to N897 per liter. This led to a significant increase [...]
Morocco: Price Fluctuations in Casablanca’s Market Reflect Economic Struggles for Moroccan Households
Casablanca, Morocco, Morocco, Maghreb
August 19, 2024
1.50
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 [...]
Nigeria: Social unrest over economic hardship
abuja, nigeria, Nigeria, West Africa
August 2, 2024
3.50
16
- Civilian
Nigerian police used tear gas to disperse anti-economic hardship protests in Abuja on Friday, August 2. The protests, which began on Thursday, August 1, have spread across several cities, significantly disrupting vehicular movements.
In Abuja, the protests turned chaotic, with security forces using tear gas to break up the demonstrators. Amidst the turmoil, a female protester collapsed and was subsequently taken to the hospital for treatment. Despite the tear gas, two protesters remained to assist [...]
Egypt’s Inflation Rate Expected to Rise After Fuel Price Hike
alexandria, egypt, Egypt, Middle East
July 31, 2024
2.00
Egypt's inflation rate, which was approximately 30 percent in May, is projected to increase by 3 to 4.5 percentage points following a significant fuel price hike implemented on July 25, according to Deputy Finance Minister Ahmed Kojak. The fuel prices were raised by up to 50 percent as part of the conditions of a USD 12 billion International Monetary Fund (IMF) loan agreement. Despite a recent decline in inflation to 27.5 percent in June, [...]
Egypt: Sharp increase in metro fares in Egypt
cairo, egypt, Egypt, Middle East
July 31, 2024
2.00
The Ministry of Transport has announced a price increase for metro tickets, effective Thursday, August 1. The new prices are as follows: a ticket for up to 9 stations will cost EGP 8, up from EGP 6; a ticket for 10 to 16 stations will now cost EGP 10, previously EGP 8; for 17 to 23 stations, the price will rise to EGP 15, previously EGP 12; and tickets for journeys exceeding 23 stations [...]
Tunisia: Rising Prices of Basic Goods
Bi'r al Qas`ah, tunisia, Tunisia, Maghreb
July 29, 2024
2.00
The National Agricultural Observatory (ONAGRI) reported a significant increase in prices for basic goods at the Bir El Kassaa wholesale market in June 2024 compared to June 2023. Prices of fruits such as onions rose by 189%, apples by 3%, watermelons by 94%, flat peaches by 81%, round peaches by 63%, grapes by 33%, plums by 33%, melons by 31%, figs by 25%, and green almonds by 5%. Some fruits saw price decreases, including [...]
Algeria: Consumer Prices Soar in Algeria: ONS Presents Grim Inflation Outlook
algiers, algeria, Algeria, Maghreb
July 29, 2024
2.00
On July 29, 2024, the National Statistics Office (ONS) reported a notable increase in Algeria's inflation, driven primarily by rising food prices. The consumer price index rose by 1.3% in June 2024 compared to the previous month, and by 4.4% compared to June 2023. This rise surpasses forecasts, largely due to fresh food price increases.
Fresh agricultural products saw significant price hikes, with red meat prices increasing by 5% and fruits and vegetables by 13.9% [...]