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Venezuela's inflation hits 826%
Inflation in Venezuela's crisis-hit economy was 826 per cent in the 10 months to October and may end 2017 above 1400 per cent, the opposition-controlled National Assembly says. The government stopped releasing price data more than a year ago but congress has published its own figures since January and they have been close to private economists' estimates. As well as the alarming January to October cumulative rise, the legislative body, which has been sidelined by President Nicolas Maduro's government, put monthly inflation at 45.5 per cent for October, compared with 36.3 per cent in September. Opponents say Maduro ... (full story)
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