Inflation in Venezuela during last year reached 27.6%, which is 0.7 percentage points more than in 2010, according to a preliminary report from Venezuela’s central bank. President Nelson Merentes said that the consumer prices index “was associated to the upwards pressure generated on wholesale prices by a greater dynamism from domestic aggregate demand”. Read full article
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Disclaimer & comment rulesThe economic expansion accompanied by a high inflation rate parallels Argentina; . . . . only Venezuela has oil.
Jan 03rd, 2012 - 04:32 pm - Link - Report abuse 0http://www.shutterstock.com/pic-276394/stock-photo-vintage-photo-of-two-drunk-men-holding-each-other-up.html
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