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Eid Spending and Purchasing Power in North Africa
A recent study has shown that the purchasing power of Moroccans has significantly deteriorated since 2020. For instance, a citizen earning the minimum wage needs to allocate about two months’ worth of salary to buy a 50 kg sacrificial animal. In contrast, Turkey has maintained its purchasing power stability thanks to substantial increases in the minimum wage—49% in 2024 and 27% in 2026—making it less burdensome for its citizens to purchase the sacrifice. Comparatively, Morocco’s figures are close to those of Tunisia and Egypt, while Algerians and Egyptians suffer more due to wage freezes or currency devaluation.
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