Out-of-control inflation has decimated economies around the world. No, the United States is not Venezuela or Lebanon, where powdered baby milk now costs a quarter of the monthly salary of an average ...
BEIRUT, May 24 (Reuters) - Lebanon's inflation rate rose to 4.7 percent year-on-year in April largely due to increases in the costs of transportation and utilities, figures from the government ...
Lebanon ranks third on our list of countries with the highest inflation in the world. Inflation rate increased to more than 100% in 2021, and has stayed there since. One of the biggest reasons behind ...
BEIRUT, Sept 16 (Reuters) - Lebanon's annual inflation to July hit 14 percent, the country's central banker Riad Salameh was quoted as saying on Tuesday, up from 13 percent in the year to June. In an ...
Inflation in Argentina has been on the rise since 2020, reaching 249.8% in 2024. Historically, excessively high inflation rates have been a part of the Argentinian economy for several decades.