Top-7 countries with highest inflation rate in 2023

Sri Lanka

Sri Lanka’s inflation rate decreased to 50.6% in February 2023 from 51.7% in January 2023. The country has been grappling with increasing prices of commodities for over a year, mostly due to its worst financial crisis since the time of independence in 1948. The CCPI performs as a lead indicator for national prices and depicts how inflation is ever-growing in Colombo, Sri Lanka’s biggest city.

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