Lebanon’s Annual Inflation Rate Just Hit All-Time High

  • Date: 22-Feb-2022
  • Source: The961
  • Sector:Economy
  • Country:Lebanon
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Lebanon’s Annual Inflation Rate Just Hit All-Time High

The Central Statistics Department in Lebanon issued the monthly price index, calculating the prices of goods and services consumed by the Lebanese household to analyze the economy by measuring inflation rates of the Lebanese pound. Lebanon’s annual inflation in January 2022, hits the record 239.69%. Transportation prices have soared by 541%, food and beverages up 483%, Health prices increased by 444%, and consumer prices soared by 7.69% in January. That is “despite central bank dollar injection scheme to bolster the […]

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The Central Statistics Department in Lebanon issued the monthly price index, calculating the prices of goods and services consumed by the Lebanese household to analyze the economy by measuring inflation rates of the Lebanese pound. Lebanon’s annual inflation in January 2022, hits the record 239.69%. Transportation prices have soared by 541%, food and beverages up 483%, Health prices increased by 444%, and consumer prices soared by 7.69% in January. That is “despite central bank dollar injection scheme to bolster the […]