Sri Lanka is currently ranked 6th place in the world in inflation growth, Steve Hanke, Professor of Economics at Johns Hopkins University disclosed.
Hanke’s Inflation Dashboard as of March 24, 2022 reveals Venezuela, Zimbabwe, Lebanon, Turkey and Sudan are above Sri Lanka in terms of inflation.
Sri Lanka’s inflation which was 14.2 per cent in the first month of 2022 will increase to 55 per cent by the end of the year, Hanke said.
MIAP
