Macro Analysis /
Lebanon

Lebanon: Inflation slows down to 121.7% y/y in April

    EmergingMarketWatch
    24 May 2021
    • Lebanon's CPI inflation remains very high as food and non-alcoholic beverages prices are main contributor to upward pressure
    • Lebanese consumers fear that government's plan to lift subsidies on basic goods would further increase poverty
    • Economic crisis likely to persist due to continuing political tensions between main parties