Bank customers at a protest outside the Lebanese Parliament in Beirut. Their deposits were frozen as the Lebanese pound lost about 90 per cent of its value against the dollar. EPA
Bank customers at a protest outside the Lebanese Parliament in Beirut. Their deposits were frozen as the Lebanese pound lost about 90 per cent of its value against the dollar. EPA

Business

Economy

Lebanon records triple-digit inflation for 25th consecutive month

Cost of water, electricity, gas and other fuels increased nearly six times in July 2022, according to the country's latest Consumer Price Index

Massoud A Derhally
Massoud A Derhally

August 31, 2022