Lebanon’s annual inflation rate slowed to a 13-month low of 158.46 percent in October of 2022 from 162.47 percent in September. Prices rose softer for housing & utilities (74.40 percent vs 90.72 percent in September), food & non-alcoholic beverages (203.21 percent vs 208.07 percent), transport (195.95 percent vs 262.45 percent), furnishings, household equipment and routine maintenance (147.20 percent vs 150.65 percent), and health (269.72 percent vs 282.65 percent). On a monthly basis, consumer prices increased 14.65 percent in October, the most in 10 months, accelerating from an 8.40 percent gain in the prior month. source: Central Administration of Statistics, Republic of Lebanon
Inflation Rate in Lebanon averaged 31.86 percent from 2008 until 2022, reaching an all time high of 239.69 percent in January of 2022 and a record low of -4.67 percent in September of 2015. This page provides the latest reported value for - Lebanon Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Lebanon Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Inflation Rate in Lebanon is expected to be 150.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Inflation Rate is projected to trend around 35.00 percent in 2023, according to our econometric models.