Lebanon topped the list of countries with the highest food price inflation rates in the world, recording a 352% nominal food inflation rate, a World Bank report has found.
The Lebanese people are suffering from a high cost of living and high prices of basic goods and services, energy, and transportation.
Lebanon also topped a list published by the World of Statistics website, Lebanon ranks first when it comes to food inflation, ahead of other anti-Zionist countries like Venezuela (158%), Argentina (110%) and Zimbabwe (102%).
But also Turkey (53.92%), Pakistan (48%) and even European countries like Poland (24%), Czech Republic (23.5%), Germany (21.2%), and Sweden (19%) are on the global poverty list.
A few days ago, the World Bank stated in a report that Lebanon recorded the highest food price inflation rate in the world, with an increase in prices by 261% in the period between the end of February 2022 and the end of February 2023.
Middle East Monitor / ABC Flash Point News 2023.