Weeks away from the approaching month of Ramadan, egg prices have risen to record levels.
The rise in egg prices, according to what Al Jarida 24 monitored in some Rabat markets, confirms that the purchasing power of Moroccans will deteriorate much more than now.
The prices of chicken eggs exceeded the ceiling of one dirham and eighty cents per egg in installments in some Rabat markets.
These prices would negatively affect the purchasing power of citizens now and in the future, especially during Ramadan, when the demand for consuming eggs at the breakfast table increases.
The price of eggs jumped from one dirham per egg to 1.80 dirhams, meaning that it has increased by 80 percent in recent months.
Citizens who agree to purchase this material for special needs, despite its high price, ask questions about what is the role of the government and elected officials unless they protect the purchasing power of Moroccans.
Traders and professionals justify the rise in egg prices by the significant increase in the level of prices of raw materials such as feed in global markets, given that feed constitutes 80 percent of the cost of eggs, in addition to other factors linked to the decline in production, which also contributes to the gradual rise in egg prices.