Goods Rise Alongside Fuel Rema Hashem

The article discusses the rise in consumer goods prices in Lebanon, which results from repeated increases in fuel prices, despite subsequent declines. Prices of goods did not decrease when fuel prices dropped, adding an additional burden on citizens. The head of the fuel station owners' union explains that price hikes occur regularly and lead to a higher cost of living. He notes that the price of a full tank of petrol reached two million and 585 thousand Lebanese pounds before dropping to approximately two million and 200 thousand, yet the prices of goods did not fall; instead, they continued to rise. He emphasized that the lack of effective oversight allows these justified increases to persist, while fuel station profits are being eroded due to rising operational costs and doubled fees and taxes. The consumer association indicates that inflation exceeded 19% in the first half of 2026, with the prices of 140 basic goods and services rising. They warn that the financial burden on Lebanese families, especially the poor and middle class, continues to grow, driven by global conditions and geopolitical tensions affecting oil and energy prices. Additionally, the head of the fueling stations' union stated that Lebanon is not currently facing a fuel shortage; the crisis is linked to global disturbances. He reaffirmed that profits for fuel stations remain limited and that many costs still result in losses.

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