Lebanon food prices stable despite rising costs
The article pertains to the Food Importers Syndicate in Lebanon's assessment of the situation in the food sector. It highlights unprecedented increases in the prices of agricultural crops, shipping costs, and fertilizers, driven by factors such as climate change and the El Niño phenomenon. However, despite the rising global costs, reports from the Central Statistics Department have shown a decrease of about 3% in food prices in Lebanon over the past three months. The syndicate warns that continued cost increases could lead to higher food prices if conditions do not change, and affirms its commitment to monitoring developments and informing the public about them.
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