Lebanon’s annual inflation rate dropped for the 12th straight month to 15.68% in October 2024 from September's 32.9%, marking the lowest reading since February 2020, due to the stability of the exchange rate and the dollarization of the economy. Prices moderated for transportation (5.0% vs 7.2% in September), housing & utilities (16.9% vs 20.3%), recreation & culture (12.3% vs 31.1%), miscellaneous goods & services (37.3% vs 41.7%). Meanwhile, prices continued to rise for food & non-alcoholic beverages (22.8% vs 19.7%) and clothing & footwear (27.6% vs 24.5%). On a monthly basis, consumer prices rose by 2.02% in October, rebounding from a 0.18% drop in the prior month, which was the first deflation since February 2022. source: Central Administration of Statistics, Republic of Lebanon

Inflation Rate in Lebanon decreased to 15.70 percent in October from 32.90 percent in September of 2024. Inflation Rate in Lebanon averaged 47.14 percent from 2008 until 2024, reaching an all time high of 268.78 percent in April of 2023 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 November of 2024.

Inflation Rate in Lebanon decreased to 15.70 percent in October from 32.90 percent in September of 2024. Inflation Rate in Lebanon is expected to be 60.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-21 08:00 AM
Inflation Rate YoY
Sep 32.9% 35.0% 34.0%
2024-11-22 12:00 AM
Inflation Rate YoY
Oct 15.7% 32.9% 31.0%
2024-12-23 08:00 AM
Inflation Rate YoY
Nov 15.7%


Related Last Previous Unit Reference
Consumer Price Index CPI 6741.31 6608.04 points Oct 2024
CPI Housing Utilities 1459.67 1440.20 points Oct 2024
CPI Transportation 11103.22 11016.55 points Oct 2024
Food Inflation 22.77 19.68 percent Oct 2024
Inflation Rate YoY 15.70 32.90 percent Oct 2024
Inflation Rate MoM 2.02 -0.18 percent Oct 2024

Lebanon Inflation Rate
In Lebanon, the most important categories in the consumer price index are housing, water, electricity, gas and other fuels (28 percent of the total weight); food and non-alcoholic beverages (20 percent); and transport (13 percent). The index also includes: health (8 percent); education (7 percent); clothing and footwear (5 percent); and communication (5 percent). Furnishings, household equipment and maintenance, alcoholic beverages and tobacco, recreation, amusement and culture, restaurants and hotels, and other goods and services account for the remaining 15 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
15.70 32.90 268.78 -4.67 2008 - 2024 percent Monthly
2013=100


News Stream
Lebanon Inflation Rate Lowest Since 2020
Lebanon’s annual inflation rate dropped for the 12th straight month to 15.68% in October 2024 from September's 32.9%, marking the lowest reading since February 2020, due to the stability of the exchange rate and the dollarization of the economy. Prices moderated for transportation (5.0% vs 7.2% in September), housing & utilities (16.9% vs 20.3%), recreation & culture (12.3% vs 31.1%), miscellaneous goods & services (37.3% vs 41.7%). Meanwhile, prices continued to rise for food & non-alcoholic beverages (22.8% vs 19.7%) and clothing & footwear (27.6% vs 24.5%). On a monthly basis, consumer prices rose by 2.02% in October, rebounding from a 0.18% drop in the prior month, which was the first deflation since February 2022.
2024-11-22
Lebanon Inflation Lowest Since Early 2020
Lebanon’s annual inflation rate fell to 32.9% in September 2024, from 35.0% in the previous month, marking the lowest reading since March 2020. Prices eased for food & non-alcoholic beverages (19.7% vs 21.3% in August 2024), transportation (7.2% vs 11.4%), housing & utilities (20.3% vs 22.2%), recreation & culture (31.1% vs 37.4%), miscellaneous goods & services (41.7% vs 42.8%) and clothing & footwear (24.5% vs 26.6%). On a monthly basis, consumer prices fell by 0.18% in September, following a 0.64% increase in the prior month, marking the first month-on-month deflation since February 2022.
2024-10-21
Lebanon Inflation Lowest Since Early 2020
Lebanon’s annual inflation rate dropped to 35% in August 2024, from 35.4% a month earlier, marking the lowest reading since March 2020 as prices eased for food & non-alcoholic beverages (21.3% vs 24.5% in July 2024) and transportation (11.4% vs 17.8%). In contrast, prices rose at a higher rate for housing & utilities (22.15% vs 20.8%), recreation & culture (37.4% vs 35.9%), miscellaneous goods & services (42.8% vs 40.9%) and clothing & footwear (26.6% vs 25.6%). On a monthly basis, consumer prices rose by 0.64% in August, following a 1.97% increase in the prior month.
2024-09-23