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In the second quarter of 2019, the consumer price index rose 4.01% from the first quarter of 2019, according to the Consumer Protection Association, which publishes the quarterly price index since the beginning of 2006.
The 4.01% increase in the price index is significant given the scale of the economic crisis, which is worsening day by day. According to the badociation, this figure indicates the long road that leads to inflation in a country that lacks the lowest overall economic vision that preserves the interests of the Lebanese.
The badociation attributed the pursuit of inflation to the economic policy approved by the government in the 2019 budget law. According to it, a single figure can allow the country to emerge from its crisis, namely the recovery. taxes owed by big business, where tax evasion had risen to $ 3.4 billion depending on the national product declared, pointing out that the government could also add customs fraud, looting of public goods and distribution of clients for Lebanese taxes.
It is remarkable in the CPI that the price of fruits rose by 16.83% in the second quarter of 2019, which is very high.
Source: cities
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