Lebanon’s consumer prices inflation declined to 1.69 percent year-on-year in June 2019 from 3.48 percent in the previous month. This was the lowest inflation since October 2016, as prices rose at a softer pace for housing & utilities (0.10 pct vs 3.49 pct in May); food and non-alcoholic beverages (2.36 pct vs 4.39 pct); miscellaneous goods & services (2.15 pct vs 2.23 pct); furnishings & household equipment (5.42 pct vs 5.58 pct); and alcoholic beverages & tobacco (0.74 pct vs 0.84 pct). In addition, transport cost declined (-1.59 pct vs 0.64 pct). On the other hand, inflation was steady for education (at 5.08 pct) and restaurants & hotels (at 1.49 pct) while prices increased faster for recreation & culture (7.10 pct vs 6.69 pct). Additionally , prices dropped at a softer pace for both health (-1.30 pct vs -2.16 pct) and communication (-0.49 pct vs -0.50 pct). On a monthly basis, consumer prices decreased 0.84 percent, following a 0.12 percent gain in May. Inflation Rate in Lebanon averaged 2.69 percent from 2008 until 2019, reaching an all time high of 11.10 percent in October of 2012 and a record low of -4.67 percent in September of 2015.

Inflation Rate in Lebanon is expected to be 3.20 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 2.50 in 12 months time. In the long-term, the Lebanon Inflation Rate is projected to trend around 2.40 percent in 2020, according to our econometric models.

Lebanon Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-23 09:55 AM Inflation Rate YoY Mar 4.08% 3.15% 3%
2019-05-21 10:00 AM Inflation Rate YoY Apr 4.01% 4.08% 4.2%
2019-06-21 02:40 AM Inflation Rate YoY May 3.48% 4.01% 3.8%
2019-07-23 02:10 AM Inflation Rate YoY Jun 1.69% 3.48% 3.9%
2019-08-21 03:00 AM Inflation Rate YoY Jul 1.69% 2.2%
2019-09-20 08:00 AM Inflation Rate YoY Aug
2019-10-22 09:50 AM Inflation Rate YoY Sep 3.2%


Lebanon Prices Last Previous Highest Lowest Unit
Inflation Rate 1.69 3.48 11.10 -4.67 percent [+]
Consumer Price Index CPI 109.00 109.92 109.92 76.72 Index Points [+]
Inflation Rate Mom -0.84 0.12 1.73 -2.18 percent [+]
Food Inflation 2.36 4.39 15.08 -3.30 percent [+]
CPI Housing Utilities 107.27 108.10 108.72 62.44 Index Points [+]
CPI Transportation 98.09 98.66 110.89 81.70 Index Points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.69 3.48 11.10 -4.67 2008 - 2019 percent Monthly
2013=100




Country Last Previous
Argentina 54.40 Jul/19
Australia 1.60 Jun/19
Brazil 3.22 Jul/19
Canada 2.00 Jun/19
China 2.80 Jul/19
Euro Area 1.10 Jul/19
France 1.10 Jul/19
Germany 1.70 Jul/19
India 3.15 Jul/19
Indonesia 3.32 Jul/19
Italy 0.40 Jul/19
Japan 0.70 Jun/19
Mexico 3.78 Jul/19
Netherlands 2.50 Jul/19
Russia 4.60 Jul/19
Saudi Arabia -1.40 Jun/19
Singapore 0.60 Jun/19
South Africa 4.50 Jun/19
South Korea 0.60 Jul/19
Spain 0.50 Jul/19
Switzerland 0.30 Jul/19
Turkey 16.65 Jul/19
United Kingdom 2.10 Jul/19
United States 1.80 Jul/19


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