- Sputnik International, 1920
Americas
Sputnik brings you all the latest breaking stories, expert analysis and videos from North and South America.

Inflation Up 60.5% in Venezuela in 2022 - Central Bank

© AP Photo / Matias DelacroixIn this Jan. 22, 2021 file photo, Venezuelan President Nicolas Maduro speaks during a ceremony marking the start of the judicial year at the Supreme Court in Caracas, Venezuela.
In this Jan. 22, 2021 file photo, Venezuelan President Nicolas Maduro speaks during a ceremony marking the start of the judicial year at the Supreme Court in Caracas, Venezuela. - Sputnik International, 1920, 14.09.2022
Subscribe
CARACAS (Sputnik) - Inflation in Venezuela rose 60.5% in the first eight months of 2022, according to the Central Bank of Venezuela.
In August, inflation rose 8.2% compared with the previous month.
The country also faced a 9.2% rise in healthcare prices, a 12.5% increase in the cost of education, and a 5.1% rise in transport in August.
Venezuelan Central Bank President Calixto Ortega Sanchez cited preliminary estimates as showing that the country's economy rose 18.7% in the second quarter of 2022.
Venezuela's President Nicolas Maduro, in white, embraces Colombia's new ambassador Armando Benedetti as they meet at Miraflores Palace in Caracas, Venezuela, Monday, Aug 29, 2022.  - Sputnik International, 1920, 30.08.2022
Americas
Venezuela, Colombia Restore Full Diplomatic Relations As Maduro Meets New Colombian Ambassador
According to the United Nations Economic Commission for Latin America and the Caribbean, Venezuela's GDP is expected to rise 10% in 2022.
Venezuelan President Nicolas Maduro has repeatedly said that the country has found its way to economic development despite Western sanctions.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала