Rabat, Morocco (TMT)- The High Commission for Planning (HCP) said in its latest report that the price of vegetables in Morocco has gone up considerably for the period between February and March, with a whopping 6.3% hike registered.
The price of vegetables, like many commodities, is set by supply and demand, but despite Morocco not witnessing any supply shortage, a spike in demand has been witnessed.
Few days before the start of the outbreak, the demand shot up as panicked buyers across the kingdom purchased large amounts of vegetables in anticipation of a shortage in supply.
Many people took to social media in the last few days, accusing unscrupulous merchants of profiteering and price gouging at a time of crisis.
The Moroccan Times.