How rampant inflation has become another cost of war in Gaza


Isaac Arroyo
  • English
  • Arabic

It is almost two years since the start of the Gaza war, and the people in the Gaza Strip have been dealing with the loss of human lives and the expense of surviving.

The prices of goods and services have been on the rise since October 2023, and even though prices went down for a short period at the start of 2025, they quickly increased again, especially for housing expenses such as water, electricity and gas and food.

Measuring housing expenses and food prices

To measure the cost of living and the changes in the prices of goods and services purchased or acquired by households, the Palestinian Central Bureau of Statistics (PCBS) publishes the Consumer Price Index (CPI). The baseline is the prices of goods and services in 2018, where values above 100 mean higher costs. And as shown on this Chart of the Week, after five consecutive months of increasing prices between March and July, prices went down in August. However, they're still higher than they were two years ago.

The costs for a person to have a roof over their head and food to eat were constant throughout 2021 and 2022, with values of CPI of around 103 each year, but the numbers changed in 2023 and 2024. Housing expenses went from a CPI of 120.5 in 2023 to 231.89, an increase of 92.44 per cent, while food went from 116.80 to 379.24, a rise of more than 200 per cent.

The situation calmed down during the first two months of the year, when a ceasefire agreement came into place after 15 months of war.

However, that didn't last long for housing expenses, which in just two months reached a CPI of 1,018 and have remained constant, but costs could increase again given Israel's eviction order for all of Gaza city at the start of September. Additionally, accessing food has become a challenge for Gazans, and the CPI of food is another perspective on the crisis they have been confronting, peaking at 1,468 in July 2025, its highest level in the past decade, adding to the current famine in Gaza.

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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Second leg:

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Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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The match will be broadcast live on the My Sports Eye Facebook page

 

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Coach: Najeeb Amar

Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh

 

 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
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Second leg: Wednesday, May 2, Stadio Olimpico, Rome

TV: BeIN Sports, 10.45pm (UAE)

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The Details

Article 15
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Updated: September 16, 2025, 1:18 PM`