According to the Central Administration of Statistics (CAS), Lebanon’s consumer price index decreased by 0.08% month-on-month in January 2026 compared to a monthly increase of 0.01% in December. On an annual basis, Lebanon’s CPI rallied by 10.91% to 7,917.63 in January 2026, compared to 7,138.95 in January 2025. The decelerating inflation pace since 2023 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 15.14% y-o-y increase in the prices of food & non-alcoholic beverages (20.0% weight in the index), a 23.97% hike in housing prices (owner occupied; 13.6% weight in the index), some 3.66% rise in the price of housing – water, electricity, gas & other fuels (11.8% weight in the index), not to mention some 2.19% rise in healthcare prices (7.7% weight in the index), and a 35.94% rally in education prices (6.6% weight in the index). It is worth noting clothing & footwear prices (5.2% weight in the index) rose by 2.82% y-o-y in January 2026 and were accompanied by a 7.21% annual hike in restaurants & hotels prices (2.8% weight in the index), and some 31.31% increase in the prices of recreation, amusement and culture (2.4% weight in the index). The cost of transportation (13.1% weight in the index), communication (4.5% weight in the index) and furnishings, household equipment & routine household maintenance (3.8% weight in the index), on the other hand, were the only three components of the CPI to have witnessed annual drops (0.71%, 1.63% and 2.30% respectively) in January. The following section captures the fluctuation in the key constituents of Lebanon’s consumer basket:

On a geographical basis, all regions across Lebanon (barring the South and the North which saw monthly rises of 0.08% and 0.05% respectively) saw a monthly drop in their CPI values in January 2026, with the sharpest decrease taking place in the Bekaa (0.50%), followed by the Nabatieh (0.36%), Beirut (0.17%) and Mount Lebanon (0.03%) regions.