Sri Lanka fourth among countries with highest food inflation
Sri Lanka ranks fourth among the 10 countries with the highest food inflation in the world.
These figures are from the latest report on food security in 53 countries of the world between September of last year (2021) and August of this year (2022), which the World Bank has released.
Accordingly, the food inflation in this country is shown at 91%. The country with the highest food inflation in the world is Zimbabwe, which is 353%.
Lebanon and Venezuela are in second and third place, respectively. Turkey, Iran, Argentina, Moldova, Ethiopia and Rwanda are the other countries in the top 10 of the list.
Food inflation in Sri Lanka was at 9.9% in September 2021 and has increased tenfold to 90.9% in almost a year.
Food inflation has increased rapidly since last April. By August this year, Sri Lanka was at the 05th place among the countries with the highest food inflation in the world.
Summarizing the report, the World Bank points out that 205.1 million people worldwide will face a food crisis or an acute situation.
It has also been predicted that famine will occur in 03 regions of the Somali Gulf region between October and December this year.
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