Libya - Inflation, consumer prices (annual %)

Inflation, consumer prices (annual %) in Libya was reported at 2.6058 % in 2013, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 libya inflation consumer prices annual percent wb data
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.


Libya | Economy & Growth