Year-on-year, consumer prices were up 2.5 percent in June. (The Daily Star/Mohammad Azakir)
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Lebanon's consumer prices fell drastically in June, erasing over half of the inflation recorded since the beginning of the year, driven by telecoms price cuts instituted over the last two months.The Central Administration of Statistics' June CPI, published Monday, showed a 0.7 percent decline in prices between May and June, putting 2014 inflation at 0.61 percent. The June results follow a 0.3 percent drop in May, for a drop of 1 percent in consumer prices over the last two months. The telecoms sector of the CPI dropped by 20.9 percent between May and June.The drop in the telecoms prices was offset by a 1.8 percent increase in the utilities component of the CPI.
FOLLOW THIS ARTICLE