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Lebanon inflation soars above 100% year-on-year in July

Reuters
 2020-08-26

BEIRUT, Aug 26 (Reuters) - Lebanon’s inflation rate soared to 112.4% year-on-year in July amid an economic meltdown, latest official data showed, even before this month’s devastating Beirut port explosion compounded a deep financial crisis. Lebanon became the first country in the region to suffer from hyperinflation in July, according...

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