Average Prices Rose by a yearly 5.47% by April 2018

According to the Central Administration of Statistics (CAS), the Consumer Price Index (CPI) of Lebanon rose by 5.47% by April 2018.

The average price of the clothing and footwear industry, accounting for 5.20% of the CPI, witnessed a yearly rise of 16.94% Y-o-Y. The average costs of “Housing and utilities” (including: water, electricity, gas and other fuels), which grasped a share of 28.4% of the (CPI), rose by 6.45% by April 2018. In addition, the average prices for transportation (13.10% of the CPI) and health (7.7% of the CPI) increased by 6.02% and 6.6% respectively. The average prices for “Food and non-alcoholic beverages” (constituting 20% of the CPI) registered a yearly uptick of 3.75% by April 2018. Lastly, the average prices for the “Education” (which accounts for 6.6% of the total CPI) rose by 4% by April 2018, mostly due to the increase of tuition of the private schools which is a consequence of the new salary scale law which upped teachers’ salaries.

Average Inflation by April 2018

aa

Source: CAS

Leave a Reply

Your email address will not be published. Required fields are marked *