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HomeCrimeInflation squeezes households as Lebanon's economic crisis persists

Inflation squeezes households as Lebanon’s economic crisis persists

Lebanon’s economic crisis has dragged on since 2019. A re-igniting of Israel’s war with Hezbollah derailed the weak recovery seen last year. The World Bank now forecasts that the Lebanese economy will shrink by 6. 4 percent this year, with inflation expected to reach around 17. 5 percent. A growing divide is visible everywhere: in households, in businesses and even in consumer habits. Our correspondents Serge Berberi and Renée Davis report.

Read full story on France 24

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