Lebanon's consumer price inflation rate rose to an all-time high of 145.8 percent year-on-year in December 2020, up from 133.5 percent in the previous month, as the country faces the worst financial crisis in decades. Food prices jumped 402.3 percent and cost for transportation increased 206.1 percent. Additional upward pressure came from restaurants and hotels (609.0 percent), recreation, amusement, and culture (227.1 percent), furnishings, household equipment and routine maintenance (655.1 percent), clothing and footwear (559.8 percent), and miscellaneous goods and services (267.5 percent). On a monthly basis, consumer prices climbed 8.15 percent in December. Considering 2020 full year, the inflation rate averaged 84.9 percent, the highest since at least 2013, when the current readings began. source: Central Administration of Statistics, Republic of Lebanon

Inflation Rate in Lebanon averaged 9.78 percent from 2008 until 2020, reaching an all time high of 145.85 percent in December of 2020 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 February of 2021.

Inflation Rate in Lebanon is expected to be 120.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Lebanon to stand at 25.00 in 12 months time. In the long-term, the Lebanon Inflation Rate is projected to trend around 15.00 percent in 2022, according to our econometric models.

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Lebanon Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
145.85 133.47 145.85 -4.67 2008 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 01:40 AM Sep 131.05% 120.03% 115%
2020-12-02 10:00 AM Oct 136.8% 131.05% 150%
2020-12-22 10:00 AM Nov 133.5% 136.8% 153%
2021-02-11 12:45 PM Dec 145.8% 133.5% 137%
2021-02-26 10:00 AM Jan 145.8% 159%
2021-03-26 10:00 AM Feb
2021-04-27 10:00 AM Mar
2021-05-27 10:00 AM Apr


News Stream
Lebanon Inflation Rate Jumps to New Record
Lebanon's consumer price inflation rate rose to an all-time high of 145.8 percent year-on-year in December 2020, up from 133.5 percent in the previous month, as the country faces the worst financial crisis in decades. Food prices jumped 402.3 percent and cost for transportation increased 206.1 percent. Additional upward pressure came from restaurants and hotels (609.0 percent), recreation, amusement, and culture (227.1 percent), furnishings, household equipment and routine maintenance (655.1 percent), clothing and footwear (559.8 percent), and miscellaneous goods and services (267.5 percent). On a monthly basis, consumer prices climbed 8.15 percent in December. Considering 2020 full year, the inflation rate averaged 84.9 percent, the highest since at least 2013, when the current readings began.
2021-02-11
Lebanon Inflation Rate Slows From Record High
Lebanon's consumer price inflation rate eased to 133.5 percent year-on-year in November 2020, from an all-time high of 136.8 percent in the previous month. Prices have been stubbornly high on the back of a sharp depreciation of the Lebanese pound amid a deep political, economic and financial crisis. Prices rose at a softer pace for food and non-alcoholic beverages (423.20 percent vs 441.16 percent in October), transport (128.94 percent vs 133.18 percent), clothing and footwear (461.83 percent vs 467.81 percent), communication (85.91 percent vs 88.21 percent), and housing and utilities (13.37 percent vs 13.96 percent). Meanwhile, health inflation accelerated to 17.29 percent from 16.88 percent. On a monthly basis, consumer prices rose 0.52 percent in November, compared with 3.89 percent in October.
2020-12-22
Lebanon October Inflation Rate Soars to 137%
Lebanon's annual inflation rate climbed for the thirteenth consecutive month to 136.8 percent in October of 2020, due to the deepening political, economic and financial crisis, and the ongoing depreciation in the Lebanese pound. It was the highest inflation since the aftermath of the country’s civil war three decades ago. Prices continued to increase sharply for housing & utilities (14 percent vs 13.3 percent in September); food & non-alcoholic beverages (441 percent vs 422.5 percent); restaurants & hotels (589 percent vs 523 percent); furnishings (695 percent vs 700 percent); clothing & footwear (468 percent vs 425 percent); alcoholic beverages & tobacco (463 percent vs 444 percent) and recreation & culture (220 percent vs 169 percent). On a monthly basis, consumer prices were up 3.9 percent, after increasing 5.3 percent in the previous month.
2020-12-02
Lebanon Inflation Rate Surges to 131%
Lebanon's annual inflation rate soared to 131.05 percent in September of 2020 from 120.03 percent in the previous month, due to the escalating economic and financial crisis, and the ongoing depreciation in the Lebanese pound amid political crisis. It is the highest inflation since the aftermath of the country’s civil war three decades ago. Prices rose faster for housing & utilities (13.3% vs 12.2% in August); food & non-alcoholic beverages (422.5% vs 367.2%); transport (131.8% vs 105%); clothing & footwear (425.4% vs 413.4%); furnishing & household equipment (699.7% vs 663.9%); recreation & culture (168.7% vs 154.3%); restaurant & hotels (522.6% vs 506.5%); and miscellaneous goods & services (264.3% vs 253.5%). On a monthly basis, consumer prices were up 5.3 percent, after increasing 3.16 percent in the previous month. Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis.
2020-11-12

Lebanon Inflation Rate
In Lebanon, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (28.5 percent of the total weight) and food and non-alcoholic beverages (20.6 percent of the total weight) and transport (13.1 percent). The index also includes: health (7.8 percent); education (5.9 percent); clothing and footwear (5.4 percent) and communication (4.6 percent). Furnishings, alcoholic beverages and tobacco, recreation and cultural activities, hotels, restaurants and other goods and services account for the remaining 14 percent of total weight.