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برلمان.كوم
IMF warns of declining household purchasing power
The International Monetary Fund warned that ongoing crises such as inflation, the COVID-19 pandemic, and armed conflicts continue to put pressure on the prices of essential commodities, keeping them permanently elevated. It explained that supply chain disruptions, the effects of the war in Ukraine, and conflicts in the Middle East have contributed to rising energy, fertilizer, and food prices. There are also expectations that increased tensions in the Middle East will push the global inflation rate to 4.7% this year, up from 4.1% last year.
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