Syria’s post-Assad deflationary phase may now be over.
After months of falling prices driven by one-off shocks, new WFP data shows two successive price increases.
The Minimum Expenditure Basket rose (month-on-month):
6% in August
7% in September
Higher prices for potatoes, vegetables, eggs, and vegetable oil reflect tighter supply amid drought and a weaker exchange rate.
Can households withstand rising costs after only a modest recovery in purchasing power?
Full analysis in our latest issue.