Despite the economic contraction, Venezuela’s inflation rate tripled in May – OVF

By Raylí Luján The inflation rate in Venezuela has not let up, according to reports from the Venezuelan Finance Observatory (OVF), and the annualized inflation rate reached 458% in May, with a growth of 5 percentage points in its monthly variation. The variation of consumer prices reached 7.6% last month, with significant increases in leisure […]