OPERATED BY SLAJ

True

FACT-CHECKED

by SLAJ |

Yes, the claim that Sierra Leone has been ranked 7th among countries for its nominal food inflation, with a rate of 63% in real food inflation is true.

SLAJ-iVerify has fact-checked the claim that Sierra Leone has been ranked 7th among countries in nominal food inflation, with a 63% real food inflation rate, and has concluded that it is true.

Claim

“Sierra Leone Ranks 7 among Highest Food Price Inflation” Social media claim.

Rating Justification

The claim is that Sierra Leone ranks 7th among countries with the highest food price inflation. SLAJ-iVerify has examined the claim and verified it is accuracy. In reaching this conclusion, SLAJ-iVerify undertook the following steps:

We conducted an online search of various documents and reports responsible for analyzing statistics on countries’ rankings in food price inflation and discovered the following:

Rankings: 1. Venezuela – 318%, 2. Lebanon – 239%, 3. Argentina – 150%, 4. Türkiye – 76%, 5. Egypt – 53.92%, 6. Suriname – 71%, 7. Sierra Leone – 63%, 8. Ghana – 49%, 9. Haiti – 38%, and 10. Iran – 37%.

Sierra Leone witnessed a substantial 63% increase in food prices in September 2023 compared to the same month the previous year. The average food inflation rate in Sierra Leone from 2008 to 2023 was 13.97%, with the highest recorded at 63% in September 2023 and the lowest at 3.60% in November 2019 according to the International Monetary’s Haver Analytics, and Trading Economics.

Evidence and References