Market Price Decline in Libya: A Snapshot of Economic Woes BODY: Tripoli, Libya – June 22, 2026 In May 2026, Libya experienced a notable downturn in the national Full Minimum Expenditure Basket (MEB), falling by 5. 6 percent to LYD 1,180. 44, as per data from the World Food Programme (WFP).
This decline followed a sharp increase in April, indicating a partial reversal of the upward trend.
The decrease in the MEB, a metric reflecting the cost of a minimum diet for an average Libyan household, underscores the ongoing economic pressures.
In Western Libya, the Full MEB saw the steepest reduction, down by 10. 6 percent to LYD 1,206. 46, a sign that the economic strain is felt most acutely in that region.
While the national Food MEB decreased by 6. 8 percent to LYD 1,051. 58, the Non-Food Items MEB rose by 5.
5 percent.
In the Eastern region, the Full MEB experienced a — 1. 7 percent decline, with southern markets witnessing a -2. 6 percent decrease.
Despite these adjustments, the economic picture remains challenging. Improved foreign currency availability and liquidity injections by the Central Bank of Libya have helped narrow the gap between official and parallel exchange rates, easing the pressure on import-dependent commodity prices.
However, the market conditions remain sensitive to exchange — rate fluctuations and high import costs.
The World Food Programme continues to monitor market prices and support vulnerable communities in Libya amidst these economic and political uncertainties.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: reliefweb
Source: World Food Programme
