Inflation in Lebanon

Lebanon Inflation | Economic News & Forecasts

Lebanon - Inflation

Economic conditions remained grim in the third quarter, with the PMI decreasing through August amid ongoing currency depreciation, political instability and acute shortages of fuel and other basic goods. That said, stronger tourism and economic recoveries abroad should have provided some support. To help alleviate the burden from the punishing energy crisis, Jordan has recently discussed ways to expedite gas delivery to Lebanon. Moreover, after over a year without a fully functioning administration, a new government was announced in mid-September. Since then, Prime Minister Najib Mikati has resumed talks with the IMF over much-needed financial aid. However, international financial support remains largely conditional on reforms.

Lebanon - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-3.7  -0.8  4.4  6.1  2.9  

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Lebanon Facts

Value Change Date
Exchange Rate1,5130.0 %Dec 31

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