Prices plummet in Gaza as aid influx transforms markets

SCOOP – According to internal security data, which was presented to decision-makers, prices of essential products in Gaza’s markets have dropped by dozens of percentage points.

New internal data from the Israeli security establishment shows a sharp decline in the prices of basic goods in Gaza following the massive influx of humanitarian aid into the Gaza Strip in recent weeks.

According to the data, which was presented to decision-makers, prices of essential products in Gaza’s markets have dropped by dozens of percentage points.

Officials say the price cuts reflect the impact of continuous aid convoys, which have flooded the Strip with flour, rice, sugar, and other staples.

How much have prices dropped in Gaza?

Here are some examples: A kilogram of flour, which cost between NIS 80-100 about three weeks ago, is now priced at NIS 18. A kilogram of sugar, which costs NIS 300, now costs NIS 50. A kilogram of pasta dropped from NIS 100 to NIS 10. A kilogram of rice, which was NIS 120 three weeks ago, now sells for NIS 30. Oil, lentils, and hummus, which previously went for NIS 90 per kilogram/liter, have now dropped to NIS 30, NIS 20, and NIS 10, respectively.

Although the data originates from the security establishment, it is also corroborated by international organizations and aid groups operating in the area.

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A graph showing the steep decline in market price for food in Gazan markets after the entry of humanitarian aid. (credit: DALL-E, AI)

A graph showing the steep decline in market price for food in Gazan markets after the entry of humanitarian aid. (credit: DALL-E, AI)

Israeli officials say the influx of humanitarian aid will continue, and is expected to grow, in the coming weeks.

Despite the improvement, humanitarian organizations stress that Gaza’s overall humanitarian crisis remains severe. While food is becoming more accessible, challenges persist in areas such as medical supplies, clean water, fuel, and adequate shelter.

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