Prices Of These Food Items Are Up Over 50% From Just A Few Weeks Ago

  • Date: 21-Jul-2021
  • Source: The961
  • Sector:Agriculture
  • Country:Lebanon
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Prices Of These Food Items Are Up Over 50% From Just A Few Weeks Ago

Food prices in Lebanon have climbed by over 50% in less than a month, a new report by the American University of Beirut's Crisis Observatory indicates. According to the report, the rapid increase in the prices of essential commodities and food items in Lebanon is an indicator that the country is beginning to slip into hyperinflation. Since July 2019, the prices of 10 food products have increased by more than 700%. These products include vegetables, grains, beef, eggs, oil, and ["¦]

The post Prices Of These Food Items Are Up Over 50% From Just A Few Weeks Ago appeared first on The961.

Food prices in Lebanon have climbed by over 50% in less than a month, a new report by the American University of Beirut's Crisis Observatory indicates. According to the report, the rapid increase in the prices of essential commodities and food items in Lebanon is an indicator that the country is beginning to slip into hyperinflation. Since July 2019, the prices of 10 food products have increased by more than 700%. These products include vegetables, grains, beef, eggs, oil, and ["¦]