Lebanon is the country worst hit by food-inflation crisis – The National

Lebanon is the country worst hit by food-inflation crisis – The National

Lebanon is the country worst hit by the food inflation crisis, as the country grapples with slow economic growth and soaring global commodity prices, which have been driven up by the war in Ukraine, the World Bank said in its latest report on global food insecurity.

Nominal food inflation in Lebanon hit 332 per cent, while real food inflation — which refers to food inflation minus overall inflation — rose to 122 per cent, according to the latest monthly data, the World Bank said.

Lebanon was followed by Zimbabwe, where nominal food inflation reached 255 per cent, Venezuela (155 per cent), Turkey (94 per cent) and Iran (86 per cent).