Venezuelan National Assembly Reports Inflation Over 1,000 Percent in 2020

Meanwhile, year-on-year inflation stands at 3,078 percent as hyperinflation continues for its third consecutive year.

RIO DE JANEIRO, BRAZIL - The year-on-year price increase stands at 3,078 percent, as reported by the Legislative Branch, the only body that is not controlled by the Maduro dictatorship. Four out of every five Venezuelans are unable to cover the basic food basket.

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