Lebanon Records Second-Highest Inflation Rate In The World
Lebanon recorded the second-highest inflation rate in the world, rising from 70% to 192% over the course of 2023, according to a study conducted by Russia’s Novosti agency, based on data from the national statistical services of 193 UN member states.
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The study indicates that the inflation rate exceeded 30% at the end of the year in several countries, including Iran (40%), Malawi (35%), Egypt (34%), Suriname (33%), and Cuba (31%).
