According to the Central Administration of Statistics (CAS), monthly inflation in Lebanon, as captured by the change in the consumer price index (CPI), stood at 10.63% in November 2021, compared to 16.42% in the previous month. On an annual basis, Lebanon’s CPI soared by 201.07% to 790.73 in November 2021, compared to 262.64 a year earlier. The average increase in Lebanon’s CPI stood at 143.90% in the first eleven months of 2021 when compared to the same period in 2020. All index constituents saw a sharp rise in their respective prices. In details, the index portrays a 238.17% annual appreciation in the prices of clothing & footwear (5.2% weight in the index), a 357.95% increase in the prices of food & non-alcoholic beverages (20.0% weight in the index), a 579.90% surge in transportation prices (13.1% weight in the index), and a shambolic 208.03% rally in the prices of furnishings, household equipment & routine household maintenance (3.8% weight in the index), not to mention the frantic 342.23% rise in the prices of restaurants & hotels (2.8% weight in the index). The following section captures the fluctuation in the key constituents of Lebanon’s consumer basket:

On a geographical basis, all regions saw a monthly hike in their CPI values, led by Nabatieh (13.42%) followed by the South (12.89%), North (12.14%), Beirut (11.72%), Bekaa (10.63%) and Mount Lebanon (9.05%) regions.