Food prices in Lebanon rose 367.19 percent year-on-year in August of 2020, the most on record and following a 336.22 percent increase in July.
Food Inflation in Lebanon averaged 9.21 percent from 2009 until 2020, reaching an all time high of 336.22 percent in July of 2020 and a record low of -3.30 percent in October of 2009. This page provides - Lebanon Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Lebanon Food Inflation - values, historical data and charts - was last updated on October of 2020.
Food Inflation in Lebanon is expected to be 350.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Lebanon to stand at 35.00 in 12 months time. In the long-term, the Lebanon Food Inflation is projected to trend around 20.00 percent in 2021 and 10.00 percent in 2022, according to our econometric models.