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    CIA Inflation Rate Ranking Puts Ukraine Second-to-Last Above Venezuela

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    The US Central Intelligence Agency’s (CIA) latest country comparison of 2015 inflation rates ranked Ukraine second-to-last, at 225th, in terms of growing consumer prices.

    MOSCOW (Sputnik) – The country’s 49-percent inflation rate last year (compared to 12.1 percent in 2014) was outdone only by Venezuela, who failed to submit official data after its leader declared an emergency triggered by falling oil prices.

    Conflict-torn South Sudan (41.10 percent), Syria (33.60 percent) and Yemen (30 percent) fared slightly better than the Eastern European nation, whose economy has been ravaged by a two-year war between government and pro-independence forces.

    Economic Development Minister Alexei Ulyukayev
    © Photo : Alexander Astafyev
    Lebanon (-3.5 percent), the Northern Mariana Islands (-2.5 percent) and Afghanistan (-1.9 percent) occupied the top three slots due to deflation.

    Sweden was the only country with unchanged year-on-year consumer prices.

    Russia, plagued by plummeting oil prices and Western economic sanctions, ranked 216th with 15.3 percent annual inflation. The United States ranked 43rd in the rating with consumer prices growing by 0.2 percent.

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    inflation, Central Intelligence Agency (CIA), Venezuela, Ukraine
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