The inflation rate during the previous year clocked in at 234%, one of the highest inflation rates anywhere in the world.
But Venezuela’s monthly inflation for December eased to just 2.4%, according to the bank.
While Venezuela’s economy has suffered a prolonged meltdown marked by triple-digit inflation and a mass exodus of millions of migrants seeking better prospects elsewhere, its inflation rate is no longer Latin America’s steepest since Argentina’s sped past 200% last year.
Source: Economy - investing.com
