RIO DE JANEIRO, BRAZIL - Venezuela closed November with a twelve-month inflation of over 4,000%, as reported on Friday by the National Assembly, a body controlled by the opposition to Nicolas Maduro's regime.
The rate illustrates the continued hyperinflationary cycle in the Caribbean country, which reached 4.087% in the period between November 2019 and November 2020 after taking a new leap last month, announced to the press Deputy José Guerra, member of the Finance Commission of the single-chamber National Assembly.
The price variation reached 65.7% in November compared to 23.8% recorded in October, according . . .
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