Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year. Lebanon in Hyperinflation Lebanon has … Read more