Lebanon ranked 3rd in inflation after Zimbabwe, Venezuela: World Bank

Lebanon ranked 3rd in inflation after Zimbabwe, Venezuela: World Bank

Lebanon ranked third in the world and first in the Arab world in the list of countries most affected by price inflation of food, after the country recorded a 143% rise in food prices by the end of January of this year.

“Lebanon is the third highest country in the world in food price inflation after Zimbabwe and Venezuela
According to the World Bank’s Food Safety report. January 30 saw the highest rate of food inflation in Zimbabwe at 285 percent, followed by Venezuela with food price inflation at 158 percent and Lebanon at 143 percent.” The World Bank reported