Cost of food in Lebanon increased 19.76 percent in February of 2020 over the same month in the previous year.
Food Inflation in Lebanon averaged 3.52 percent from 2009 until 2020, reaching an all time high of 19.76 percent in February 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 June of 2020.
Food Inflation in Lebanon is expected to be 1.20 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 2.00 in 12 months time. In the long-term, the Lebanon Food Inflation is projected to trend around 2.00 percent in 2021 and 2.90 percent in 2022, according to our econometric models.