Consumer Price Index Cpi in Libya decreased to 262.20 points in September from 263.30 points in August of 2019. Consumer Price Index Cpi in Libya averaged 141.21 points from 2004 until 2019, reaching an all time high of 280.30 points in August of 2018 and a record low of 78 points in December of 2004. source: Bureau of Statistics and Census Libya
Consumer Price Index Cpi in Libya is expected to be 254.06 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index Cpi in Libya to stand at 264.82 in 12 months time. In the long-term, the Libya Consumer Price Index Cpi is projected to trend around 286.43 points in 2020, according to our econometric models.
Libya Consumer Price Index Cpi
In Libya, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the consumer price index are Food and beverages (38.8 percent of the total weight), Housing, water, electricity and other fuels (22.7 percent), Transport (8.1 percent), Clothing and footwear (6.4 percent), Furniture and household equipment (4.9 percent), Health (4.1 percent), and Education (4.0 percent). Recreation and culture, Communication, Restaurant and hotels, tobacco, and Miscellaneous goods and services account for the remaining 11 percent.