Inflation in Venezuela in January this year amounted to about 2.7 million per cent over the same month in 2018. This was reported on Thursday on Twitter, the Deputy of the opposition National Assembly ángel Alvarado.
“In January 2019, the inflation rate was 191%, while in annual terms – 2.7 million percent,” – wrote the MP.
Previously, the Committee on Finance of the National Assembly reported that the growth of prices in the Republic in 2018 reached nearly 1.7 million percent. With this indicator it is among the three countries with the highest inflation in the world’s history, have noted in Committee.
Venezuela in recent years are experiencing acute socio-economic crisis. According to estimates of the office of the UN high Commissioner for refugees and the International organization for migration, from the South American country has left more than 3 million people. The government of the Bolivarian Republic does not recognize the existence of a humanitarian crisis.