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Consumer price inflation


South Sudan is the top country by inflation rate in the world. As of 2017, inflation rate in South Sudan was 187.9 %. The top 5 countries also includes Angola, Egypt, Suriname, and Sierra Leone.

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What is inflation rate?

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.