Going into its third year of a severe and continued economic depression, Lebanon is currently facing its hardest downfall which is arguably worse than that faced during the past civil wars. With all what is going around including the absence of a responsible and adequate government, the corruption that exists in all form in the public and private sectors, the COVID-19 pandemic, the Beirut port explosion, and the anti-government protests, Lebanon reached a record-high inflation rate which resulted in a drastic devaluation of the Lebanese Lira.
Consequently, this led to an increase of up to 500% in market food prices. In fact, UNESCWA estimates reveal that more than 55% of the country’s population is now trapped in poverty and struggling for bare necessities. What makes it worse is that even the prices of essential products for basic nutritional needs have nearly tripled, and the government is not intervening to control the prices of these products. In an attempt to raise awareness about the tragic situation that most Lebanese families are facing, our team tried to explore the change in the basic products’ prices over the last couple of years across Lebanon.
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