11 Countries With Soaring Inflation: 24/7 Wall St.

These Countries Are Seeing Inflation SOAR
SAINT PETERSBURG - SEPTEMBER 06: In this handout image provided by Host Photo Agency, President of the Russian Federation Vladimir Putin attends a meeting with Spanish Prime Minister Mariano Rajoy (not pictured) during the G20 summit on September 6, 2013 in St. Petersburg, Russia. Leaders of the G20 nations made progress on tightening up on multinational company tax avoidance, but remain divided over the Syrian conflict at the of the Russian summit. (Photo by Iliya Pitalev/Host Photo Agency via Getty Images)
SAINT PETERSBURG - SEPTEMBER 06: In this handout image provided by Host Photo Agency, President of the Russian Federation Vladimir Putin attends a meeting with Spanish Prime Minister Mariano Rajoy (not pictured) during the G20 summit on September 6, 2013 in St. Petersburg, Russia. Leaders of the G20 nations made progress on tightening up on multinational company tax avoidance, but remain divided over the Syrian conflict at the of the Russian summit. (Photo by Iliya Pitalev/Host Photo Agency via Getty Images)

While inflation has been relatively tame in the United States and Europe, several large nations have struggled with rising prices. Sadly, most instances are simply stagflation, where prices are rising but the economic growth is substandard. A high inflation rate jeopardizes a country’s economic stability and the well-being of its people. 24/7 Wall St. reviewed the nations with the highest inflation rates around the world and it was in many cases shocking to see which nations were on the list.

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