Reuters/Ivan Alvarado Prices rocketed more than 130,000% in Venezuela last year, according to the first set of central bank data released since 2015. Inflation topped 50% for most of 2018 and exceeded 850% in 2017. Venezuela’s GDP has dropped by at least 10% for 11 straight quarters. Visit Markets Insiders’ homepage for more stories. Prices […]
Prices in Venezuela rocketed 130,000% last year
Reuters/Ivan Alvarado Prices rocketed more than 130,000% in Venezuela last year, according to the first set of central bank data released since 2015. Inflation topped 50% for most of 2018 and exceeded 850% in 2017. Venezuela’s GDP has dropped by at least 10% for 11 straight quarters. Visit Markets Insiders’ homepage for more stories. Prices […]