WB reveals Sri Lanka ranks 4th in food inflation!

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Sri Lanka has ranked forth place in the world in terms of food inflation at a rate of 91 per cent, a report on food security during in 53 countries the period from September 2021 to August 2022 issued by the World Bank revealed.

Zimbabwe is the country to suffer from the highest food inflation, at a staggering rate of 353 per cent. Only Lebanon and Venezuela ranks above Sri Lanka.

Among the top 10 countries are also Turkey, Iran, Argentina, Moldova, Ethiopia and Rwanda.

MIAP

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