Attachments
Key Highlights
• The Minimum Expenditure Basket (MEB) experienced notable volatility, with a significant rise in April followed by stabilization in May.
• Southern Libya showed the greatest fluctuation, increasing by 5.2 percent in April followed by a 0.8 percent decrease in May.
• The depreciation of the Libyan Dinar and the imposition of a tax on foreign currency sales have led to higher prices, diminishing the purchasing power of WFP beneficiaries receiving cash assistance.
• The arrival of Sudanese refugees in Al Kufra may put additional pressure on food prices and other cost of living (rent and other services)
• The food MEB increased by 14 percent in April compared to January 2024, with a slight decrease in May.
• Public cooking fuel prices dropped by 6.3 percent in April and again by 10.4 percent in May, reaching LYD 12.04.
• The FAO Food Price Index rose by 2.3 percent from January to April 2024.