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Prices In Venezuela Rocketed 130,000% Last Year

24 days ago|12 views
Business Insider reports that prices rocketed more than 130,000% in Venezuela last year.
The news comes from the first set of central bank data fro Venezuela 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.