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Caribbean-Latin America
IMF: Venezuela inflation to surpass 700 percent
2016-01-22
Ay-Pee
The International Monetary Fund says Venezuela inflation will blow past 700 percent this year.

In a note published Friday, IMF Western Hemisphere Director Alejandro Werner said inflation would more than double in the economically struggling South American country in 2016, reaching 720 percent.

Venezuela already suffers from the world's highest inflation rate. The IMF estimates that inflation here was running at 275 percent last year.
Posted by:Frank G

#4  Heading up where x squared really has value.
Posted by: Alaska Paul   2016-01-22 19:23  

#3  Matching Detroit bond interest rates?
Posted by: Procopius2k   2016-01-22 16:01  

#2  Worker's paradise.
Posted by: Sven the pelter   2016-01-22 13:54  

#1  IMF estimates that inflation here was running at 275 percent last year.

Kinda has them longing for the good old days now.
Posted by: gorb   2016-01-22 13:18  

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