1. Their pensions were virtually wiped out by galloping inflation. 2. ...galloping inflation. 3. These officials cite the experiences of Turkey and Greece, where artificially high exchange rates ultimately led to a crash in the value of the currency and galloping inflation. 4. Two years ago, the government slashed its budget and clamped down on lending in a bid to slow galloping inflation. 5. Hit by galloping inflation, the kwanza currency is losing value daily. 6. Haroun added that he and Zeroual had discussed social and economic problems plaguing Algeria such as galloping inflation and massive unemployment, especially among the young. 7. High deposit rates in turn could fuel steep lending rates and lead to galloping inflation, bankers warned. 8. A Sonangol spokesman said the price hikes were undertaken to take account of galloping inflation. 9. Economists say Iraq is suffering galloping inflation, though they do not have precise figures. 10. Over the last few months the government has changed policy and returned to a state-led economy in an attempt to combat a plunging currency and galloping inflation. |