Lebanon’s annual inflation rate dropped to 70.4% in March 2024, the lowest reading since May 2020, from 123.2% in the previous month. There was a broad slowdown, including prices for food & non-alcoholic beverages (51.3% vs 103.4% in February 2024), housing & utilities (108.3% vs 175.6%), transport (13.2% vs 65%), clothing & footwear (39.5% vs 75.1%), restaurants & hotels (30.9% vs 81.5%) and health (45% vs 76.3%). On a monthly basis, consumer prices rose by 1.72%, after a 1.06% increase in the prior month. source: Central Administration of Statistics, Republic of Lebanon
Inflation Rate in Lebanon decreased to 70.40 percent in March from 123.21 percent in February of 2024. Inflation Rate in Lebanon averaged 47.47 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 April of 2024.
Inflation Rate in Lebanon decreased to 70.40 percent in March from 123.21 percent in February of 2024. Inflation Rate in Lebanon is expected to be 160.00 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 150.00 percent in 2025, according to our econometric models.