Venezuela’s inflation to reach whopping 1 million percent; rises over 60,000% in the past year

The crisis is comparable to that of Germany in 1923 or Zimbabwe in the late 2000s, said Alejandro Werner, head of the IMF’s Western Hemisphere department, and also forecast the economy to shrink 18% in 2018.

from The Financial ExpressEconomy – The Financial Express https://ift.tt/2v0Vff4