According to the Central Administration of Statistics (CAS), Lebanon’s consumer price index inched lower by 0.03% month-on-month in July 2026 compared to a larger monthly decrease of 0.75% in June. On an annual basis, however, Lebanon’s CPI rose by 15.69% to 8,694.63 in July 2026, compared to 7,515.70 in July 2025, with the average annual inflation rate for the first seven months of the year 2026 attaining 16.09%. The decelerating inflation pace since 2023 and until end of year 2025 owes to the widespread dollarization of products & services coupled with the stability of the LBP/USD exchange rate since the month of July 2023. On the other hand, multiple components of the consumer price index saw double digit annual increase in their respective prices mainly owing to the war that erupted in the beginning of March of the current year. In details, the index portrays a 14.49% y-o-y increase in the prices of food & non-alcoholic beverages (20.0% weight in the index), an 8.87% hike in housing prices (owner occupied; 13.6% weight in the index), a 27.61% rise in transportation prices (13.1% weight in the index) owing to the increase in oil prices, some 20.76% rise in the price of housing – water, electricity, gas & other fuels (11.8% weight in the index), not to mention some 7.26% rise in healthcare prices (7.7% weight in the index), and the 35.72% rally in education prices (6.6% weight in the index). It is worth noting that clothing & footwear prices (5.2% weight in the index) rose by 1.65% y-o-y in July 2026 and were accompanied by a 14.58% annual hike in restaurants & hotels prices (2.8% weight in the index), and some 43.20% 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 (0.59%) in prices in July. The following section captures the fluctuation in the key constituents of Lebanon’s consumer basket:

On a geographical basis, four regions across Lebanon saw a monthly increase in their CPI values in July 2026, with the sharpest expansion taking place in the Bekaa (0.74%), followed by the North (0.23%), Beirut (0.09%) and Nabatieh (0.07%), while prices in the South and Mount Lebanon regions dropped by 0.85% and 0.17% respectively.