Lebanon's consumer price inflation rate rose to 144.1 percent year-on-year in September 2021, the highest since March, from 137.8 percent in the previous month, due mainly to a faster rise in prices of both housing (57.2 percent vs 47.4 percent) and transportation (356.9 percent vs 290.6 percent), amid a sharp depreciation of the Lebanese pound and political crisis. Meantime, prices continued to increase for food (280.9 percent vs 290.4 percent), furnishings, household equipment and routine maintenance (140.5 percent vs 147.6 percent), clothing and footwear (166.0 percent vs 205.5 percent), miscellaneous goods and services (124.9 percent vs 128.5 percent), and recreation, amusement, and culture (106.9 percent vs 115.1 percent). On a monthly basis, consumer prices were up 8.16 percent in September, the least in four months, slowing from a 10.3 percent rise in August. source: Central Administration of Statistics, Republic of Lebanon
Inflation Rate in Lebanon averaged 17.40 percent from 2008 until 2021, reaching an all time high of 157.90 percent in March of 2021 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 October of 2021.
Inflation Rate in Lebanon is expected to be 25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Lebanon Inflation Rate is projected to trend around 15.00 percent in 2022, according to our econometric models.