Economic Research | Lebanon This Week | Lebanon This Week 549 | Consumer Price Index up 6.2% in first seven months of 2018 | Lebanon | Byblos Bank

You are being redirected to .

 

Please Rotate your screen to portrait, for best viewing.

Byblos Bank

Lebanon This Week 549

|

Consumer Price Index up 6.2% in first seven months of 2018

The Central Administration of Statistics' Consumer Price Index increased by 6.2% year on-year in the first seven months of 2018 compared to a growth of 4.2% in the same period of 2017. The CPI increased by 7.6% in July 2018 from the same month of 2017. The prices of water, electricity, gas & other fuels grew by 17% year-on-year in July 2018, followed by the prices of clothing & footwear (+14.6%), transportation costs (+12.9%), recreation & entertainment costs (+7.8%), actual rents (+6.1%), the prices of food & non-alcoholic beverages (+6%), healthcare costs (+5.9%), the cost of education (+4.1%), imputed rents (+3.8%), prices at restaurants & hotels (+3.5%), the prices of furnishings & household equipment (+2.9%), miscellaneous goods & services costs (+2.5%), the prices of alcoholic beverages & tobacco (+2%) and communication costs (+1%). The distribution of actual rents shows that old rents grew by 10.1% annually in July 2018, while new rents increased by 3.3% year-on-year. 

Further, the CPI regressed by 0.2% in July 2018 from the preceding month compared to a month-on-month increase of 0.9% in June 2018. The CPI increased by 0.1% month-on-month in July 2018 in the South. In contrast, the CPI regressed by 0.9% in the North, by 0.6% in Beirut and by 0.2% in Nabatieh, while it was unchanged in the Bekaa and Mount Lebanon from the previous month. In parallel, the Fuel Price Index decreased by 1.3% month-on-month in July 2018, while the Education Price Index was unchanged from June.
 
Cookies Information

To optimize this website's functionality, we may utilize cookies, which are small data files stored on your device. This common practice helps improve your browsing experience.

Privacy settings

Choose which cookies you wish to enable.
You can change these settings at any time. However, this can result in some functions no longer being available. For more information on deleting cookies, please consult your browser help function.
LEARN MORE ABOUT THE COOKIES WE USE.

Use the slider to enable or disable various types of cookies:

Necessary
Functionality
Analytics
Marketing

This website will:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location

This website won't:

  • Remember your cookie permission setting
  • Allow session cookies
  • Gather information you input into a contact forms, newsletter and other forms across all pages
  • Helps prevent Cross-Site Request Forgery (CSRF) attacks
  • Preserves the visitor's session state across page requests
  • Remember personalization settings
  • Remember selected settings
  • Keep track of your visited pages and interaction taken
  • Keep track about your location and region based on your IP number
  • Keep track on the time spent on each page
  • Increase the data quality of the statistics functions
  • Use information for tailored advertising with third parties
  • Allow you to connect to social sites
  • Identify device you are using
  • Gather personally identifiable information such as name and location


Save And Close