Top 10 Countries with the Highest Real Food Inflation Globally in June 2024

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Erlina Fury Santika 16/07/2024 11:55 WIB

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The World Bank released data on real food inflation in several countries. South Sudan recorded the highest rate, reaching 164% (year-on-year) at the end of June 2024.

Top 10 Countries with the Highest Real Food Inflation in the World (June 27, 2024)

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Top 10 Countries with the Highest Real Food Inflation Globally in June 2024

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Top 10 Countries with the Highest Real Food Inflation in the World (June 27, 2024)

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The World Bank has released its latest data on countries with the highest real food inflation in June 2024.

Real food inflation is defined as food inflation minus overall inflation.

South Sudan experienced the highest real food inflation at 164% year-on-year (yoy) in June 2024. Furthermore, South Sudan also saw substantial nominal food inflation, reaching 186% (yoy) in June 2024.

Zimbabwe followed with 48% real food inflation. Its nominal inflation reached 105%.

Third was Liberia, with 16% real food inflation. Liberia did not rank among the top 10 countries with the highest nominal food inflation globally.

Fourth was Argentina, with 13% real food inflation. Argentina had the highest nominal food inflation globally, reaching 289%.

Fifth and sixth were Liberia and Vietnam, with real food inflation of 11% and 10%, respectively.

Following these were Malawi (8%), Nigeria (7%), Bahrain (7%), and Paraguay (6%).

The World Bank noted that high inflation, exceeding 5%, occurred in many low- and middle-income countries.

Specifically, this affected 59.1% of low-income countries, 63% of lower-middle-income countries, 36% of upper-middle-income countries, and 10.9% of high-income countries.

(Also read: [Argentina to Palestine Experienced the Highest Food Inflation in the World in February 2024](https://databoks.katadata.co.id/datapublish/2024/02/07/argentina-hingga-palestina-alami-inflasi-pangan-tertinggi-dunia-februari-2024))

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Top 10 Countries with the Highest Real Food Inflation Globally in June 2024

Top 10 Countries with the Highest Real Food Inflation Globally in June 2024

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