Nizar Baraka, Secretary-General of the Istiqlal Party, said that the deterioration of citizens’ purchasing power resulted from the dramatic rise in the prices of basic foodstuffs. Baraka explained in a meeting organized by the “Association of Independent Economists” yesterday evening, Thursday in Casablanca, that this rise in prices “resulted from the large number of intermediaries in the distribution chains and the increase in their commercial margins, which led to imbalances in the market.” He reported […] The post Baraka: The intermediaries behind the rise in food prices and the deterioration of purchasing power appeared first on Hespress - Hespress, a Moroccan electronic newspaper.