Venezuela's Central Bank (BCV) has confirmed December's 7.6% marked the 12th consecutive month with inflation below 50% for an yearly...
Hyperinflation
During UCAB’s Perspectives 2022 forum economist Luis Bárcenas said that the inflation dynamics are changing in the country. He thinks...
. El país caribeño va camino de marcar su octavo año consecutivo de recesión, un periodo en el que su...
Take the annual budget of an oil-producing country and keep it in local currency untouched. Wait 14 years, and that...
The figures would be even worse without the elimination of zeros in previous years, we are talking about 14 zeros...
The lines snake outside the state-owned banks of Caracas virtually every day as Venezuelans wait to withdraw cash.“We are only...
Monthly inflation in Venezuela was 50.9% in February and the accumulated 134.2%, according to an economic analysis office that responds...
According to a statement from the country’s central bank, Venezuela will also be printing 200,000 and 500,000 bills along with the...
Venezuela ended 2020 with inflation of nearly 3,000 percent, the central bank said Thursday. The oil-rich country is mired in...
Based on Hanke’s Annual Inflation Rate model, Lebanon is seen to have surpassed Zimbabwe, landing as the second most hyperinflated...