Lebanon's CPI up by 208.13 pct y-o-y in March

By Eblt
  • World
  • Friday, 22 Apr 2022

BEIRUT, April 21 (Xinhua) -- Lebanon's Consumer Price Index (CPI) in March increased by 208.13 percent year-on-year, and rose by 6.1 percent compared to February, the National News Agency reported on Thursday.

Over the past three years, Lebanon has been suffering from an unprecedented financial crisis amid a shortage of foreign currency reserves, causing a collapse of the local currency and devaluing people's salaries by over 90 percent.

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