Inflation rose to 124% in January from 122% in December. Inflation will remain the highest in the region this year due to recent currency devaluations and the weak black-market lira. Further FX devaluations and downward pressure on the parallel-market rate are upside risks, while increasing dollarization is a downside risk.
Lebanon Money (ann. var. of M2 %) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Money (ann. var. of M2 %) | -4.0 | -3.0 | -17.4 | 6.3 | 17.0 |