Russia ranks 50th in the world in terms of inflation with an annual value of 10.99%
Russia ranked 50th in the world in terms of inflation among all countries in the world with an annual value of 10.99%, derives from calculations RIA News based on data from the National Statistical Offices of 193 Member States UN.
Thus, the highest annual price growth rates were recorded in Lebanon (190%) Argentina (102.5%) Zimbabwe (92.3 percent), Sudan (63.3%) and Suriname (58 percent).
In Europe, inflation peaked in Moldova (25.9 percent), Hungary (25.4%) and Ukraine (24.9 percent), the lowest in Swiss And Liechtenstein with an annual rate of about 3%.
It is worth noting that Russia’s neighbors in the rating were Mauritius (11%) and Austria (10.9 percent).
Previously International Monetary Fund (IMF) warned on the weakest global economic growth forecast over the next five years in more than three decades. According to the Managing Director of the IMF Kristalina Georgievathe global economy will grow at about 3% over the next five years, with high interest rates as a deterrent.