Venezuela Hit With 1.7Mln Percent Inflation Rate In 2018 - Senior Lawmaker

Venezuela Hit With 1.7Mln Percent Inflation Rate in 2018 - Senior Lawmaker

The rate of accumulated annual inflation in Venezuela was almost 1.7 million percent in 2018, opposition lawmaker Rafael Guzman said Wednesday

MEXICO CITY (Pakistan Point News / Sputnik - 09th January, 2019) The rate of accumulated annual inflation in Venezuela was almost 1.7 million percent in 2018, opposition lawmaker Rafael Guzman said Wednesday.

"The year 2018 ended with inflation at almost 1.7 million percent. With this indicator, Venezuela is turning into one of the three countries in the world with the highest inflation rate in history. This is the result of the work of those who usurp power and do not offer measures to resolve the crisis that we are experiencing," Guzman, who heads the finance commission of the National Assembly, wrote in his Twitter blog.