Venezuela’s central bank released data showing the nation’s inflation as the highest in the world but far below figures from the IMF
Venezuela’s economy contracted 19.2% in the first nine months of 2018 from the year-earlier period, as private consumption fell sharply and inflation soared in the crisis-racked nation, according to the Central Bank of Venezuela.
The economic statistics, usually a closely guarded secret by Venezuela’s authoritarian regime, were published on the central bank’s website on Tuesday. The last time the central bank published economic statistics was for 2015.
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