Lebanon · Country watch
Fuel Prices Surge, Economic Concerns Deepen
Fuel prices in Lebanon surge, while economic bodies warn of worsening conditions, impacting businesses and consumers.
In this briefing Leb Economy · Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon · An-Nahar · Almaner News · Central Administration of Statistics (Lebanon)
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Economic Bodies Warn of Lebanon's Worsening Economy
Lebanon's economic bodies held an urgent meeting to address the deteriorating economic and social conditions. According to Leb Economy, the meeting focused on the impact of global inflation, rising fuel costs, electricity expenses, and taxes. The bodies expressed grave concern over the economic decline, warning that thousands of businesses could collapse if immediate measures are not taken.
Impact Employers across sectors face increased risk of business closures and financial instability.
Sources: Leb Economy ↗
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Fuel Prices Surge in Lebanon Amid Economic Strain
Fuel prices in Lebanon have surged again, marking the second consecutive week of increases. According to An-Nahar, the price of 95-octane gasoline rose by 24,000 Lebanese pounds to 2,834,000 pounds, while 98-octane gasoline also increased by 24,000 pounds to 2,852,000 pounds. Diesel prices saw a significant rise of 55,000 pounds, reaching 2,823,000 pounds. Almaner News confirms these figures, indicating a continued upward trend in fuel costs.
Impact Fuel importers and logistics operators face higher costs, impacting transportation and distribution expenses.
Sources: An-Nahar النهار ↗, Almaner News ↗
Consumer Price Index Rises Amid Fuel Price Hike
Lebanon's Consumer Price Index (CPI) increased by 1.40% in August 2026, driven by a 10.5% rise in fuel prices. Leb Economy reports that the CPI saw varying increases across regions, with the highest in Nabatieh at 2.12% and the lowest in the South at 0.79%. The rising fuel costs have contributed significantly to the overall increase in consumer prices.
Impact Retailers and consumers face higher costs, affecting purchasing power and sales margins.
Sources: Leb Economy ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in Lebanon
- النفط يرتفع قبيل محادثات محتملة بين أميركا وإيران — Leb Economy
- “بلاك روك”: الشرق الأوسط يتحول إلى وجهة جاذبة لرؤوس الأموال — Leb Economy
- صندوق النقد: اقتصاد مصر تجاوز الأزمة الإقليمية ويحتاج تسريع تخارج الدولة من الأصول — An-Nahar النهار
- الاسمر من بعبدا: لخلية اقتصادية وزارية تتابع الضغوط المعيشية — Leb Economy
- من مضيق هرمز لأشباه الموصلات: ما هي أبرز نقاط الخلاف بين واشنطن وبكين؟ — An-Nahar النهار
- هل تُشكَّل خلية وزارية لمتابعة الضغوط المعيشية؟ — Leb Economy
- استقرار الدولة المصرية وأمن الإقليم — An-Nahar النهار
- مجالس الإدارة السعودية تحت المجهر: هيئة السوق تُحذّر من مكافآت بلا مبرر — An-Nahar النهار
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
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- Brazil: Senacon Targets Fuel Prices, Rio Winds Alert
- Canada: Canada's Bill C-39 and B.C. Election Called
- Germany: Evonik Job Cuts, EU-Philippines Trade Deal
- Egypt: Cybersecurity Boost, Emtelaak's New Licence
- Spain: Spain's Trade Deficit Widens, Ceuta Tensions Rise
- France: Fuel Aid Announced; Agriculture Relief Talks
- Israel: Direct Finance Expands, Iran's Hormuz Offer
- India: Fortis Legal Audit, FD Rule Changes, Textile Rally
- Iran: Iranian Airlines Halt, Dollar Surges
- Italy: Italy's Deficit Woes, Stellantis Production Halt
- Jordan: Amman Deploys Anti-Smoking Tech, Water Theft in Zarqa
- Kenya: Dangote Refinery Begins, New Pension Deadlines
- Morocco: Bank Al-Maghrib Holds Rates, Medicine Prices Cut
- Malaysia: Melaka Assembly Dissolved, UPM Partners with Himalaya
- Nigeria: NEPZA Cracks Down, NSCDC Raids Illegal Factory
- Netherlands: Dutch Settlement Ban, EU Sanctions, Fire Station Break-ins
- Poland: Poland Health Reforms, Fuel Prices Surge
- Portugal: Housing Market Risks, Licensing Code Changes
- Russia: Brent Oil Rises, Used Car Imports Surge
- Senegal: Severe Weather Alert and Senelec Vandalism
- Syria: US-Syria Relations, Financial Sector Transformation
- Turkey: BIST 50 Rule Change, Istanbul Power Outages
- United States: FAA Outage Disrupts Flights, San Diego Airport Chaos
- Vietnam: Interbank Rates Surge, Vietnam-US Trade Deal Nears