Venezuela: Inflation continues to soar in October

Annual inflation skyrocketed from 49.4% in September to 54.3% in October, which represents the highest level since April 1997. Meanwhile, the core inflation index—which excludes volatile items such as fresh food, oil and other goods subject to government price controls—rose 5.83% over the previous month, up from the 4.67% increase recorded in September. As a result, annual core inflation jumped from 51.7% in September to 58.5% in October.

Read more about Venezuelan Inflation.

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