Remember when I asked you in an early post if you will still afford going to the beach in Lebanon with the constant increase in the price of fuel?
Back then I disregarded the fact that beach resorts might also increase their entrance fees… and guess what! They did it! Few days ago I learned that the places I used to go to last summer (Jiyyeh Marina & Laguava) have increase their charges by 25%. So this summer, just to get in there, you will be charged 25,000 L.L
As for the price of fuel in Lebanon, it is currently at 31,900 L.L per 20 liters and might increase in the few coming minutes!
I won’t go full throttle at any boulevard in Beirut anymore!!!
All in all, the inflation rate is near 40% for the first quarter in 2008, and given that I still have NOT received any increase in my salary, then I am getting poorer and poorer my purchasing power is decreasing each and every day…!
And then?? و بعدين؟؟
Whhaat 40% inflation, ya haram!
I have no idea how people in Lebanon still manage to keep up with the crazy fuel prices. In North America, in Canada to be exact, fuel prices are at $1.33 per liter and people are complaining like there is no tomorrow, I’m talking about people that are making an average of $4000-$5000 per month keeping in mind that minimum wages in Canada are at 8.** while in Lebanon it’s still as low as $400-$500.
Really wanna compare prices? 😉 $1,33 sounds like for free!!
eur 1,56 (US$ 2,25?) per liter in Holland.
Check http://www.shell.nl/home/content/nld/products_services/on_the_road/fuels/fuel_pricing/cpp/history/historic_prices.html if you want to get shocked! 😉
I am riding my motorbike to and from work (instead of my fuel hungry car). Not to depress you even more, but I have seen my supermarket bill go up by a bit almost 30% in the past couple of month.
And they wonder why many Lebanese are seeking work abroad !