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Rabat – Morocco’s prices and supply of goods stabilized during the second week of Ramadan, according to the Directorate of Competition, Prices, and Compensation (DCPC)
The available offer of products and goods largely covers the needs of the Moroccan consumers, said the Directorate in a press release on Thursday, following a meeting of the inter-ministerial committee in charge of monitoring supply operations and prices.
Prices of certain products, such as tomatoes, oranges, lemons, and some legumes started to drop during the second week of Ramadan compared to the week beforehand.
The committee did however note a significant rise in the price of bell pepper. The national average price of the product rose from MAD 7.40 per kilogram to MAD 11.60 per kilogram in the second week of Ramadan compared to the first.
The surge in bell pepper prices is due to an increase in production costs and low supply, as well as low rainfall, added the release.
The commission will continue to hold meetings on Wednesdays to monitor market trends, supply, and prices, as well as the effectiveness of control commission interventions to combat any type of unfair, deceptive, and fraudulent market practices.
Read also: Morocco Prepares for Alarming Rise in Energy Prices
From the beginning of the month of Sha’ban until the 10th day of Ramadan, the commission recorded more than 3,000 violations relating to consumer and market protection regulations.
The violations were detected following control tours to 76,587 points of sale, 656 of which received warnings, while 2,414 were subject to legal proceedings.
The authorities confiscated and destroyed 123 tonnes of products unfit for human consumption and goods that did not respect regulatory standards.
Morocco has witnessed a significant rise in prices of various goods and services, including fuel prices, causing outrage among Moroccans.
The ongoing Ukraine-Russia war continues to impact global oil and gas prices, as well as wheat prices. The two countries are one of the world’s biggest exporters of wheat.
Morocco’s government has put measures in place to ensure the stability of wheat prices and increasing the national stockpile of the product.
