EconomyRussia ranks 45th in the world in terms of...

Russia ranks 45th in the world in terms of annual inflation

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Banknotes of 100, 200 and 500 rubles. archive photo

Zimbabwe ranks first in the world in terms of annual inflation, while Russia ranks 45th

MOSCOW, November 20 – RIA Novosti. In September, annual inflation in Zimbabwe, Lebanon, Venezuela and Sudan was the highest of any country in the world – in these four countries alone, triple-digit and Russia ranked 45th according to RIA Novosti calculations based on national data. statistics services 193 countries.

The study was conducted by RIA Novosti, based on data from the national statistical services of 193 UN member states. The final sample included 155 countries that announced data for mid-September as of mid-November from seven regions of the world: Asia, Sub-Saharan Africa, Middle East and North Africa, Europe, Oceania, South and North America.

The highest inflation in the world, as well as in Sub-Saharan Africa, was recorded in Zimbabwe (280.4%) in September, accelerating from the end of winter and accelerating 4.6 times in September. Sudan ranks second in the region and fourth in the world with 107%, while Ghana closes the top three with an inflation rate of 37.2%.

Lebanon takes the second place in the world and the first place among the Middle East and North African countries with an inflation rate of 162.47%. Unlike the African countries mentioned above, inflation here has slowed by 1.4 times since the beginning of the year. Again in this region, significant price increases were recorded in Turkey (83.5%) and Egypt (15.02%) in September.

Venezuela, which has been struggling with high inflation for many years, ranks first in South America and third in the world with 157.4% inflation, although it has slowed down by 4.4 times since the end of last year. Argentina, where the price increase accelerated to 83% at the beginning of autumn, ranked second in September, while Suriname ranked third among South American countries with 41.4%. In September, Cuba took the first place in North America in inflation with a 37.24 percent price increase. The top three also include Nicaragua (11.52%) and Costa Rica (10.37%).

Among the continental European countries, the highest inflation was recorded in Moldova with 34% in September, followed by Ukraine with 24.6%. In third place is Lithuania, which is also the leader in price increase in EU countries with an indicator of 24.1%.

In Asia, prices rose the most in Sri Lanka (73.7%), Laos (34%) and Pakistan (23.2%) in September. Among Oceanian countries, the highest inflation was recorded in the Kingdom of Tonga (14%), Samoa (11%) and Palau (10.3%).

Russia, on the other hand, ranks 45th with an inflation rate of 13.7% in September. The neighbors in the rating are Chile (13.7%) and Mongolia (13.8%).

Source: Ria

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