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Title : Venezuela's Annual Inflation Rate Is Now 8,900 Percent
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Venezuela's Annual Inflation Rate Is Now 8,900 Percent

Reuters: Venezuela inflation 454 percent in first quarter: National Assembly

CARACAS - Prices rose 454 percent in the first three months of this year in Venezuela, according to the country’s opposition-led National Assembly, whose numbers are broadly in line with those of independent economists.

The country is undergoing a major crisis, with millions of people suffering from food shortages, hyperinflation and a currency that weakens significantly every day.

Annual inflation over the last 12 months, according to the National Assembly, is just shy of 8,900 percent. Monthly inflation in March was 67 percent, down from 80 percent the previous month. The country’s central bank has not published inflation data for more than two years.

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More News On The Crisis In Venezuela

Venezuela stopped bond payments in September -- Financial Times
Amid Venezuela Default, Goldman Receives 'Hunger Bond' Payment: Sources -- US News and World Report/Reuters
Venezuela: Is a default imminent? -- FOX News
Sick People in Venezuela Are Taking Dog Medicine Because Pharmacies Are Empty -- Newsweek
U.S. and Argentine congressional leaders urge region to accept Venezuelan "refugees" -- Miami Herald
US Lawmakers Reveal Few Details of Talks with Venezuela's Beleaguered President -- CNS News
Venezuela court-in-exile calls for Maduro trial on corruption charges -- Miami Herald
Nicolás Maduro says he will not be attending Summit of Americas in Lima -- Peru Reports
Panama to temporarily ban Venezuelan airlines in retaliation -- Reuters
With social media, Venezuela exerts influence on Americans -- FOX News
Digital media take the lead in reporting in Venezuela -- Curacao Chronicle
In Venezuela, a daily struggle for the basic necessities of life -- Washington Post

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