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WFP warns of an increase in the cost of food basket in Libya.

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Tripoli 25 August 2024 (Lana): The World Food Programme (WFP) said that the cost of the minimum food basket in Libya has been rising by approximately 15% since the beginning of 2024.

According to the WFP report, food prices are the highest in southern Libya, where they exceed the national average by 2%.

The report said that the cost of the non-food expenditure basket has decreased, largely due to a significant 30.7% drop in cooking fuel prices compared to April and May.

Several cities recorded a rise in food prices in July compared to June, including Ghat (12.4%), Nalut (9.4%), and Tripoli (6.8%). In Kufra, the cost of the food basket soared to 1105 Libyan dinars, despite a national price drop of 2.1%.

The report attributes the price surge in Kufra to increased demand following the arrival of thousands of Sudanese refugees, in addition to damages caused by storms and heavy rainfall.

On the other hand, Tobruk experienced a 9.9% decrease in food prices, bringing the cost of the food basket down to 671 Libyan dinars due to the arrival of goods from Egypt at lower prices.

=Lana=