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Venezuela’s real inflation may be six times the official rate

24-2-2014 < Blacklisted News 243 74 words
 
Among the complaints of the Venezuelans that have taken to the street by the tens of thousands over the past couple weeks is the government’s inability to stem high inflation. It’s easy to see why people are angry; official figures put the country’s annualized inflation rate at 56%, which is among the highest in the world. And there’s reason to believe even that high number is a drastic underestimate of Venezuela’s actual inflation rate.
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