Lebanon | Inflation, consumer prices (annual %)

Created at

2024-08-29 12:49

Category

Economics

The "Inflation, consumer prices (annual %)" indicator measures the annual percentage change in the cost of a basket of goods and services typically purchased by households. It is a key indicator of inflation, reflecting how much the prices of these goods and services have increased (or decreased) over a year. The chart displays the percentage change in consumer prices (inflation) in Lebanon for the years 2009 to 2022. Lebanon has faced significant inflation challenges due to political instability, economic crises, and currency devaluation. These issues have led to high inflation rates in recent years.