https://en.sputniknews.africa/20230506/russia-drops-out-of-top-100-countries-with-highest-inflation-rate-1059085121.html
Russia Drops Out of Top-100 Countries With Highest Inflation Rate
Russia Drops Out of Top-100 Countries With Highest Inflation Rate
Sputnik Africa
Russia has ranked 102nd in terms of global price surge with its annual inflation estimated at 3.5% in March, while lower inflation levels in Europe were recorded only in Spain (3.3%), Liechtenstein (2.9%) and Switzerland (2.9%)
2023-05-06T17:10+0200
2023-05-06T17:10+0200
2023-08-03T10:48+0200
russia
inflation
international monetary fund (imf)
economy
international
https://cdn1.img.sputniknews.africa/img/07e7/05/06/1059085542_0:144:3129:1904_1920x0_80_0_0_4cd59cac73ea1ff235d45b316f8ba3ab.jpg
The data showed that the highest inflation levels as of March were recorded in Lebanon (264%) and Argentina (104.3%), Zimbabwe (87.6%), Suriname (59.4%) and Turkiye (50.5%). In addition, the rising inflation figures were observed in Sri Lanka (49.2%), Ghana (45%), Sierra Leone (41.5%) and Laos (41%), according to the statistics. Moreover, Pakistan entered the top 10 countries in terms of annual inflation for the first time in several years with inflation of 35.4%. High inflation rates as of March were also recorded in such European nations as Hungary (25.2%), Moldova (22%), and Ukraine (21.3%), while the lowest inflation level (0.7%) was globally recorded in China, the data showed. The analysis was conducted based on the data from statistical services of 193 UN member states. The final sample includes 142 countries, which issued inflation data for March as of early May. In April, the International Monetary Fund (IMF) said that global headline inflation was projected to decline from 8.7% in 2022 to 7% in 2023, with the world not expected to hit target inflation levels until 2025. The projected disinflation reflects declining fuel and non-fuel commodity prices, as well as the cooling impacts of monetary tightening on economic activity, the IMF added.
russia
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
russia inflation compared to europe, russia's inflation rate, what countries do have the highest inflation rate
russia inflation compared to europe, russia's inflation rate, what countries do have the highest inflation rate
Russia Drops Out of Top-100 Countries With Highest Inflation Rate
17:10 06.05.2023 (Updated: 10:48 03.08.2023) MOSCOW (Sputnik) – Russia has ranked 102nd in terms of global price surge with its annual inflation estimated at 3.5% in March, while lower inflation levels in Europe were recorded only in Spain (3.3%), Liechtenstein (2.9%) and Switzerland (2.9%), data from the statistical services analyzed by Sputnik showed on Saturday.
The data showed that the highest inflation levels as of March were recorded in Lebanon (264%) and Argentina (104.3%), Zimbabwe (87.6%), Suriname (59.4%) and Turkiye (50.5%).
In addition, the rising inflation figures
were observed in Sri Lanka (49.2%), Ghana (45%), Sierra Leone (41.5%) and Laos (41%), according to the statistics. Moreover, Pakistan entered the top 10 countries in terms of annual inflation for the first time in several years with inflation of 35.4%.
High inflation rates as of March were also recorded in such European nations as Hungary (25.2%), Moldova (22%), and Ukraine (21.3%), while the lowest inflation level (0.7%) was globally recorded in China, the data showed.
The analysis was conducted based on the data from statistical services of 193 UN member states. The final
sample includes 142 countries, which issued inflation data for March as of early May.
In April, the International Monetary Fund (IMF) said that global headline inflation was projected to decline from 8.7% in 2022 to 7% in 2023, with the world not expected to hit target inflation levels until 2025. The projected disinflation reflects declining fuel and non-fuel commodity prices, as well as the cooling impacts of monetary tightening on economic activity, the IMF added.
