FAO explains the surge in the price of bread

It is the disapproval and indignation among Moroccans who have been watching helplessly for a few weeks the rise in the price of bread.

To explain the situation, the UN organization referred to the increase in international food prices, specifying that last month, the price of cereals jumped 41% compared to 2020.

To this end, Abdolreza Abbassian, Senior Economist at FAO indicated that even if “world cereal production in 2021 is expected to reach 2,800 million tonnes, a historic record, it will not be sufficient to meet the consumption needs forecast for the 2021-2022 marketing year, according to new FAO forecasts ”.

To read: Bread consumed by Moroccans dangerous? an association denounces

A situation that will undoubtedly affect Morocco, a large importer of wheat but also a large consumer because of national demand. For now, consumers are wondering if the price of bread, already criticized, will increase further. Will bakeries pass this inflation on to this basic food?

However, the price of bread made from soft wheat has remained the same, since the State, through the Compensation Fund, covers the difference in the event of price increases.

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