After the increase in fuel prices yesterday, new prices of bread were announced. Here are the updated prices:
- Small bread (380 grams) now costs 4,500 LL – an increase of 5.26%
- Large bread (810 grams) now costs 6,500 LL – an increase of 4.94%
As a result of the severe economic crisis that the country is currently facing, prices of bread are regularly rising. This is the second time in under a month the prices were increased.
The World Food Programme (WFP) reported that the food prices dramatically rose by 628% in two years. This comes amidst the country’s economic collapse with the devaluation of about 90% of the Lebanese pound.
Meanwhile, the minimum wage in Lebanon is still set to 675,000 LL, making basic necessities out of reach for many Lebanese.
