According to the Central Administration of Statistics (CAS), Lebanon’s consumer price index increased by 1.90% month-on-month in February 2026 compared to a monthly decrease of 0.08% in January. On an annual basis, Lebanon’s CPI rallied by 12.27% to 8,068.09 in February 2026, compared to 7,186.41 in February 2025, with the average annual inflation rate for the first two months of the year 2026 attaining 11.59%. 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 16.03% y-o-y increase in the prices of food & non-alcoholic beverages (20.0% weight in the index), a 21.36% hike in housing prices (owner occupied; 13.6% weight in the index), a 6.03% rise in transportation prices (13.1% weight in the index) owing to the Lebanese government’s decision to increase the price of a 20 liter gasoline tank by some LBP 300,000, some 6.22% rise in the price of housing – water, electricity, gas & other fuels (11.8% weight in the index), not to mention some 2.04% rise in healthcare prices (7.7% weight in the index), and a 35.71% 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 3.86% y-o-y in February 2026 and were accompanied by a 7.87% annual hike in restaurants & hotels prices (2.8% weight in the index), and some 30.32% increase in the prices of recreation, amusement and culture (2.4% weight in the index). Communication (4.5% weight in the index), on the other hand, was the only component of the CPI to have witnessed an annual drop (1.60%) in prices in February. The following section captures the fluctuation in the key constituents of Lebanon’s consumer basket:

On a geographical basis, all regions across Lebanon saw a monthly rise in their CPI values in February 2026, with the sharpest increase taking place in the Bekaa (2.90%), followed by the Beirut (2.42%), Nabatieh (2.00%), North (1.78%), Mount Lebanon (1.69%), and South (1.55%) regions.