Most of the basic and necessary items for daily consumption are still witnessing an exponential increase, which has contributed to a decline in the percentage of spending of Moroccan families, which has led some of those interested in economic and political affairs to ask about the measures that the government will take to preserve the purchasing power of the consumer.
A number of recognized institutions, through their economic experts, called for the need to approach Article 4 of the Freedom of Prices and Competition Law, by capping prices, with the need for the government to approach the role of mediator between the consumer and the producer, as urgent measures to avoid a decline in the percentage of spending, as well as protecting vulnerable groups from high prices.
The parliamentary opposition also repeatedly proposed the issue of granting the consumer the right to information, by informing Moroccans of any price increases a full week before approving them, while monitoring the prices of products, goods and services in the markets and limiting their rise.
In this regard, the “Picodi” financial platform confirmed, in its latest report, that the Moroccan individual spends $ 62 per month on groceries, out of total consumer expenditures, as the rate decreased due to the high-price crisis.
The same source highlighted that Morocco ranks fifth in Africa, accounting for 33.9 percent of its total consumption expenditures, while also occupying the 82nd rank globally.
