Venezuelan consumer prices rose at the second-fastest pace in at least six years in April and May as tighter dollar supplies to companies crimped output, while street protests continued.
Prices rose 5.7 percent in both April and May, up from 4.1 percent in March, the central bank said yesterday in a statement posted on its website. Annual inflation accelerated to 61.5 percent in April from 59.3 percent in March, then slowed to 60.9 percent for May. Continue reading “Venezuela Prices Rise Most This Year as Industry Stalls”

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