According to the Central Administration of Statistics (CAS), Lebanon’s consumer price index remained almost flat month-on-month in December 2025 compared to a monthly change of 0.82% in November. On an annual basis, Lebanon’s CPI rallied by 12.23% to 7,924.35 in December 2025, compared to 7,061.07 in December 2024, with the average annual inflation rate for the year 2025 attaining 14.58% compared to 45.24% in the full year 2024 and 221.34% in the year 2023. The decelerating inflation pace owes to the widespread dollarization of products & services coupled with the stability of the LBP/USD exchange rate since the month of July 2023. In details, the index portrays a 14.64% y-o-y increase in the prices of food & non-alcoholic beverages (20.0% weight in the index), a 26.18% hike in housing prices (owner occupied; 13.6% weight in the index), some 6.00% rise in the price of housing – water, electricity, gas & other fuels (11.8% weight in the index), not to mention some 2.22% rise in healthcare prices (7.7% weight in the index), and a 35.94% rally in education prices (6.6% weight in the index), only to name a few. It is worth noting clothing & footwear prices (5.2% weight in the index) rose by 1.95% in December 2025 and were accompanied by a 7.57% hike in restaurants & hotels prices (2.8% weight in the index), and some 31.56% increase in the prices of recreation, amusement and culture (2.4% weight in the index). The cost of communication (4.5% weight in the index) and cost of furnishings, household equipment & routine household maintenance (3.8% weight in the index), on the other hand, were the only two components of the CPI to witness annual drops (0.70% and 1.61% respectively) in December. The following section captures the fluctuation in the key constituents of Lebanon’s consumer basket:

On a geographical basis, three regions across Lebanon saw a monthly rise in their CPI values in December 2025, with the sharpest increase taking place in Mount Lebanon (0.41%), followed by the Beirut (0.40%) and North (0.06%) regions.