Lebanon bread price rises for the first time in 10 years

62
Published on July 2, 2020 by

The price of bread in Lebanon has increased for the first time in 10 years, as the collapsing local currency causes food prices to soar.

The lira has lost more than 80 percent of its value on the black market in the last eight months.

The drop in value is part of a wider economic crisis in the import-dependent country.

Al Jazeera’s Zeina Khodr reports from Beirut.

0 0 vote
Article Rating
Category Tag
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments