EconomyInflation squeezes households as Lebanon’s economic crisis persists
Lebanon’s economic crisis has continued since 2019, and renewed fighting between Israel and Hezbollah derailed last year’s fragile recovery. The World Bank forecasts a 6.4% contraction this year and inflation of about 17.5%. A widening divide is evident among households, businesses and consumer habits.
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Inflation squeezes households as Lebanon’s economic crisis persists
Economy