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Annual inflation in Syria reaches 68 per cent

Arab World Materials 20 September 2013 13:40 (UTC +04:00)
Amid military operations in Syria, consumer price inflation in the country amounted to 68 per cent since May last year
Annual inflation in Syria reaches 68 per cent

Azerbaijan, Baku, September 20 /Trend R.Hafizoglu/

Amid military operations in Syria, consumer price inflation in the country amounted to 68 per cent since May last year, Al Jazira TV Channel reported on Friday.

According to the TV channel, the inflation rate is connected with the increase of prices on food products in the country.

The TV channel also reported that the highest inflation since May of last year was recorded in Aleppo which is considered the economic capital of Syria. Inflation there reached 82 per cent. In the capital of Syria, Damascus, the inflation amounted to 59 per cent.

As reported earlier, 1.4 million people in Syria are in need of food and face the threat of hunger. This data are given by UN Food and Agricultural Organisation (FAO).

The risk group includes the residents of the cities of Homs, Hama, Damascus, Daraa, Idlib and its environs where the political opposition and opposition forces are particularly high.

According to the FAO data, in 2011, cereal production volumes in Syria amounted to an average of 4.2 million tons, 10 per cent less than the average of the past five years.

The clashes between the government forces and armed opposition have been continuing in Syria for over two years. According to UN statistics, the total number of victims of the conflict in Syria is more than 100,000 people. The Syrian authorities say that they are opposed by well-armed militants.

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