*The Venezuelan economic think tank Observatorio Venezolano de Finanzas (OVF) has calculated that Venezuela’s monthly inflation rate in December 2023 was 3.9%, bringing the annual inflation rate to 193%. Whilst monthly inflation was up from the OVF’s November estimate of 1.8%, annual inflation was down from 286%. On OVF figures, December marked the fifth consecutive month of falling annual inflation, down from 439% in July.
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LatinNews Daily - 09 January 2024
In brief: Annual inflation drops in Venezuela, says think tank
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