The Consumer Price Index (CPI) surged 7.6 percent in July compared with the same month last year, according to the Central Administration of Statistics.
This is the highest inflation level recorded in five years, according to Bank Audi's 'Lebanon Weekly Monitor'.
All categories constituting the CPI basket witnessed an increase in their prices driven by additional taxes, hikes of teachers' salaries, and continuing global rises in oil prices, Credit Libanais said in its latest 'Weekl...
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