IPTF publishes working document on hyperinflationary economies
On 7 January 2023, the International Practices Task Force (IPTF) of the Center for Audit Quality’s SEC Regulations Committee updated its discussion document identifying countries that are considered to have hyperinflationary economies.
Keywords: Mazars, Thailand, IPTF, Hyperinflationary economies, Inflation
10 February 2023
The list of countries with a three-year cumulative inflation rate exceeding 100% remains the same as in the first half of 2022: Argentina, Iran, Lebanon, South Sudan, Sudan, Venezuela and Zimbabwe.
As in previous editions, the IPTF notes that the list is based on available data and does not claim to be exhaustive (e.g. Syria and Afghanistan are both omitted).
For more details, the IPTF discussion document is available here.
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