The central statistics office said prices rose 178.4% in the first 11 months of the year, compared to 127.3 in the corresponding period of 2021.
Since November 2020, prices have increased 201%. This deterioration was induced on the one hand by the end of the Banque du Liban’s subsidy program but also the sudden deterioration in the parity of the Lebanese pound against the dollar.
The price of transport has thus been multiplied by 6.8, like that linked to health by 4.7, whereas they were previously contained by the subsidy program granted to fuels and medicines.
Among the other essential items of expenditure, the prices of food and non-alcoholic drinks have been multiplied by 4.6, like that of restaurants by 4.4 or that of clothes by 3.4. For now, only the indices related to education and rents remain unchanged.
These increases are more marked in southern Lebanon (+ 13% on average) than in the capital (+ 10.6% –