According to the Central Administration of Statistics (CAS), Lebanon’s average prices rose by 6.10% by September 2018 compared to the same period last year as all 13 components of the Consumer price index (CPI) posted average yearly upturns.
In details, The average costs of “Housing and utilities” (water, electricity, gas and other fuels) constituting a combined 28.4% of the Consumer Price Index or CPI, rose by 6.64% year-on-year (y-o-y) by September 2018. In fact, “Owner-occupied”rental costs, which grasped 13.6% of this category, rose by 3.90% y-o-y. As for the average prices of “Water, electricity, gas, and other fuels” (11.8% of the total CPI), they increased by an annual 10.16% by September 2018.
In turn, the average prices for “Food and non-alcoholic beverages”(constituting 20% of the CPI), “Transportation” ( grasping 13.1% of the CPI), and “Education” costs (6.6% of CPI) registered yearly upticks of 4.86%, 8.55%, and 4.07% by September 2018.
Average Yearly Inflation Rates by September
Source: CAS