Lebanon’s annual inflation rate increased to a three-month high of 211.43 percent in May of 2022 from April's five-month low of 206.24 percent, pointing to the highest level since February, as inflation accelerated for most components: housing & utilities (110.13 percent vs 103.86 percent), transport (515.36 percent vs 492.09 percent), furnishings, household equipment and routine maintenance (182.35 percent vs 174.87 percent), and health (468.27 percent vs 430.64 percent). Meanwhile, prices of food & non-alcoholic beverages continued to rise (363.78 percent vs 374.38 percent). On a monthly basis, consumer prices went up 7.85 percent in May, the most in five months, accelerating from a 7.10 percent gain in the prior month. source: Central Administration of Statistics, Republic of Lebanon
Inflation Rate in Lebanon averaged 27.33 percent from 2008 until 2022, reaching an all time high of 239.69 percent in January of 2022 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 June of 2022.
Inflation Rate in Lebanon is expected to be 220.00 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 35.00 percent in 2023, according to our econometric models.