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INFLATION

Inflation in Lebanon officially exits the triple-digit zone

The annual average inflation rate of the consumer price index reached 45.24 percent in 2024, nearly 80 points below that of 2023.

Inflation in Lebanon officially exits the triple-digit zone

The Le Mall shopping center in Dbayeh, Dec. 29, 2024. (Illustration photo/L'Orient Le-Jour)

It's official. Inflation in Lebanon has returned to double-digit growth rates in 2024, following three years in which the rate fluctuated between 100 percent and 300 percent.Recent calculations of the consumer price index (CPI) by the Central...
It's official. Inflation in Lebanon has returned to double-digit growth rates in 2024, following three years in which the rate fluctuated between 100 percent and 300 percent.Recent calculations of the consumer price index (CPI) by the Central...