Attachments
Key Figures
Inflation (May-23)
+9 percent (down from 33 percent increase in Mar23)
Informal exchange rate (June-23)
LBP93,300/USD (down from LBP94,500/USD in May-23)
Currency depreciation
The Lebanese pound has depreciated by 47 percent between January and June 2023.
Domestic Food Supply
Stock levels remained stable, and product scarcity nearly the same as the previous month.
Exist of Russia from the Grain Deal is not expected to have short term repercussions on Lebanon.
Economy and Markets
A total number of nearly 428 thousand person have arrived to Lebanon through the airport in June 2023, representing a 26 percent increase compared to June last year.
Lebanon ranked third worldwide in 2022 in term of remittances inflow ratio against GDP, according to the World Bank.