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Venezuelan inflation exceeds 5500%

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Venezuelan inflation has exceeded 5500%.  The data were released Monday by the parliament’s finance committee, TASS reported.

Thus, the inflation in November reached up to 35.8%, committee member Angel Alvarado tweeted.

Venezuela faces a socio-economic crisis, accompanied by hyperinflation, the devaluation of the national currency and a shortage of essential goods.

According to UN data, about 4.5 million refugees and migrants left the country, almost 80% of them are in the states of the region. Proceeding from some forecasts, in 2020 their number may increase to 6.5 million people.


Source: https://news.am/eng/news/549002.html

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