At the end of 2023, Argentina topped the ranking of countries with the highest annual inflation, overtaking the long-time world leader – Venezuela, Liter.kz reports with reference to RIA Novosti.
In Argentina, inflation accelerated to 211% from 161% in November and from 95% a year earlier. Lebanon is in second place, where the rate of price growth over the year increased to 192%. The top three is completed by Venezuela, where inflation slowed to 190% from 234% a year earlier. The top five also includes Turkey (65%) and Sierra Leone (52%).
Inflation was above 30% at the end of the year in Iran (40%), Malawi (35%), Egypt (34%), Suriname (33%) and Cuba (31%), and above 20% in eight more countries. including Pakistan, Nigeria, Ethiopia, Zimbabwe.
The maximum inflation values in Europe at the end of the year were in Iceland (7.7%), and the lowest in Italy (0.7%). In the Middle East, Lebanon became the leader in price growth, while the most modest rate of price growth was in Oman (0.5%). Among Asian countries, prices increased the most over the year in Pakistan, and the least in Georgia (0.4%).
Half of the world’s countries recorded annual price growth rates above 4.2 in December.
The publication did not mention Kazakhstan. According to the National Bank of the Republic of Kazakhstan, in December 2023, annual inflation in Kazakhstan slowed down and amounted to 9.8% (in November – 10.3%). By region, annual inflation slowed in 16 regions, accelerated in 2 regions and remained unchanged in 2 regions.
#countries #highest #inflation #named
2024-03-28 04:47:00
