Market stagnation and declining purchasing power in Lebanon

Lebanon is experiencing a significant rise in prices due to the ongoing Israeli war on the country, which has led to a decline in the purchasing power of the population. Although demand for food and consumer goods remains high, sales of clothing and other non-food items have decreased substantially, as customers feel that prices are beyond their financial means. Traders confirmed that the economic situation is very dire, with rising prices and the large-scale displacement from southern areas having a considerable impact on daily life.

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