Lebanon's annual inflation rate surged to 89.74 percent in June of 2020, the highest rate since the series began in December of 2008, from 56.53 percent in the previous month, due to the escalating economic crisis and its collapsing currency amid political crisis. Prices rose faster mostly for food & non-alcoholic beverages (246.62% vs 189.84% in May); transport (84.69% vs 30.19%); clothing & footwear (344.81% vs 171.49%); restaurant & hotels (342.45% vs 240.45%); furnishings, household equipment and routine household maintenance (412.40% vs 143.83%), alcoholic beverages & tobacco (254.05% vs 203.11%), while housing & utilities prices rebounded sharply (3.55% vs -2.41%). On a monthly basis, consumer prices jumped 20.21 percent, after a 6.94 percent gain in May.

Inflation Rate in Lebanon averaged 3.66 percent from 2008 until 2020, reaching an all time high of 56.53 percent in May 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 July of 2020.

Inflation Rate in Lebanon is expected to be 15.00 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 1.50 in 12 months time. In the long-term, the Lebanon Inflation Rate is projected to trend around 2.40 percent in 2021, according to our econometric models.

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Lebanon Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
89.74 56.53 89.74 -4.67 2008 - 2020 percent Monthly
2013=100


Calendar GMT Actual Previous Consensus TEForecast
2020-06-12 03:20 AM Mar 17.46% 11.36% 11%
2020-06-15 01:50 AM Apr 46.55% 17.46% 9.5%
2020-07-03 03:00 AM May 56.53% 46.55% 46.1%
2020-07-22 01:10 AM Jun 89.74% 56.53% 50%
2020-08-21 10:00 AM Jul 89.74%
2020-09-23 10:00 AM Aug
2020-11-04 10:00 AM Sep 15%
2020-12-02 10:00 AM Oct


News Stream
Lebanon Inflation Rate Hits Fresh Record High
Lebanon's annual inflation rate surged to 89.74 percent in June of 2020, the highest rate since the series began in December of 2008, from 56.53 percent in the previous month, due to the escalating economic crisis and its collapsing currency amid political crisis. Prices rose faster mostly for food & non-alcoholic beverages (246.62% vs 189.84% in May); transport (84.69% vs 30.19%); clothing & footwear (344.81% vs 171.49%); restaurant & hotels (342.45% vs 240.45%); furnishings, household equipment and routine household maintenance (412.40% vs 143.83%), alcoholic beverages & tobacco (254.05% vs 203.11%), while housing & utilities prices rebounded sharply (3.55% vs -2.41%). On a monthly basis, consumer prices jumped 20.21 percent, after a 6.94 percent gain in May.
2020-07-22
Lebanon Inflation Rate Hits Fresh Record High
Lebanon's annual inflation rate rose to 56.53 percent in May of 2020, the highest rate since the series began in December of 2008, from 46.55 percent in the previous month, due to the ongoing sharp depreciation in the Lebanese pound amid economic crisis. Prices increased faster mostly for food & non-alcoholic beverages (189.84% vs 150.30% in May); transport (30.19% vs 27.72%); clothing & footwear (171.49% vs 135.09%). restaurant & hotels (240.45% vs 123.71%); furnishings, household equipment and routine household maintenance (143.83% vs 91.99%), alcoholic beverages & tobacco (203.11% vs 167.42%). By contrast, housing & utilities prices continued to fall (-2.41% vs -1.12%). On a monthly basis, consumer prices rose 6.94 percent, after a 25.36 percent jump in April.
2020-07-03
Lebanon Inflation Rate Highest on Record
Lebanon's annual inflation rate increased to 46.55 percent in April of 2020, the highest rate since the series began in December of 2008, from 17.46 percent in the previous month, as the country faces its worst economic crisis in decades due to the collapsing pound currency. Prices rose faster mostly for food & non-alcoholic beverages (150.30% vs 38.19% in March); transport (27.72% vs 27.43%); alcoholic beverages & tobacco (167.42% vs 45.90%) and clothing & footwear (135.09% vs 33.93%). Meanwhile, housing & utilities prices fell (-1.12% vs 1.86%). On a monthly basis, consumer prices jumped 25.36 percent.
2020-06-15
Lebanon Inflation Rate Highest Since 2008
Lebanon's annual inflation rate increased to 17.46 percent in March of 2020, the highest rate since at least December of 2008, from 11.36 percent in the previous month, due to a fall in the pound currency amid economic crisis. Prices rose faster mostly for food & non-alcoholic beverages (38.19% vs 19.76% in February); transport (27.43% vs 17.71%); alcoholic beverages & tobacco (45.90% vs 36.60%) and clothing & footwear (33.93% vs 30.92%). Meanwhile, inflation slowed for housing & utilities (1.86% vs 2.82%). On a monthly basis, consumer prices were up 7.29 percent, after increasing 1.38 percent in February.
2020-06-12

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.