Thursday, October 2, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Inflation Deepens Libya’s Economic Hardship

June 30, 2025
Inflation Deepens Libya’s Economic Hardship
Share on FacebookShare on Twitter

The World Food Programme (WFP) has recorded the sharpest monthly increase in Libya’s food expenditure so far in 2025, with the cost of the minimum expenditure food basket rising by 8.2% in May to LYD 983.82.

According to the report, this increase is primarily driven by severe price hikes in western Libya, particularly in Tripoli, where mid-May armed clashes disrupted trade and supply chains. As a result, the cost of living surged, with the western region seeing a dramatic 24.2% increase in the average food basket, now costing LYD 1,065.67.

Meanwhile, eastern Libya experienced a slight decrease in costs, down 1.7% to LYD 909.4. However, the city of Kufra recorded the highest food basket cost in the region at LYD 1,081.13. The WFP attributed this to rising demand and pressure on local services, exacerbated by a steady influx of Sudanese refugees.

Nationally, the food price index rose by 8.9%, reaching LYD 864.02, while the non-food price index increased by 3.5%, totalling LYD 119.80. These figures reflect mounting inflationary pressures driven by the weakening Libyan dinar and supply-side constraints.

The WFP warned that continued volatility in basic commodity prices poses a significant risk to household food security across the country. In addition, currency instability and fragmented governance are undermining effective economic planning and inflation control.

As Libya remains gripped by political uncertainty and regional tensions, food insecurity is likely to worsen unless urgent measures are taken to stabilise markets and restore supply chains.

Tags: libyaLibyan CrisistripoliWFP
Next Post
NIHRL Holds Libyan Government Responsible for Ceasefire Breach

NIHRL Holds Libyan Government Responsible for Ceasefire Breach

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya Approves Italian Joint Venture to Export Fish to EU

STRYDE System Supports New Oil & Gas Survey in Libya

Libya & UK Reaffirm Cooperation to Promote Women’s Rights & Stability

Haftar Hails Ajdabiya’s Progress as Symbol of National Revival

4 Major Challenges Threaten UN Roadmap in Libya

Libya Electricity Debt to Egypt Surpasses $200 Million

EDITOR PICKS

Libyan Foreign Ministry Hosts Bangladeshi Delegation in Benghazi

Hannibal Gaddafi Transferred to Hospital in Lebanon

71 Migrants Rescued Off Libyan Coast

Libya & Greece Discuss Future Cooperation & Regional Issues

4 Major Challenges Threaten UN Roadmap in Libya

Libya Battles Rising Sheep Plague Threat

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR