Hyperinflation In Developing Nations Grows Less Hyper

The virulent inflation afflicting many less-developed nations is finally losing some of its grip. According to the International Monetary Fund, the average 12-month increase in consumer prices in the developing world posted its fourth quarterly drop in the second quarter of 1991-falling to 44.1% from 61% in the prior quarter and 122.3% in the second quarter of 1990.

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