Venezuela’s consumer prices rose 833,997 percent in past 12 months

0
8


Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.

By Reuters

CARACAS, Venezuela — Venezuela’s consumer prices rose 833,997 percent in the 12 months through October, according to a report published by the opposition-controlled Congress on Wednesday.

Monthly inflation decelerated to 148 percent from 233 percent in September, the data showed, but left the OPEC nation on track to reach the 1 million percent inflation in 2018 expected by the International Monetary Fund after five straight years of recession.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here