Venezuela had an inflation of 445.482% over one year in June | Chronic

The hyperinflation that plagues the Venezuelan population does not seem to have an early end. According to data from the opposition National Assembly, the price increase in June was 24.8% compared to May. However, in annual comparison, the figure climbs to 445.482%.

"The inflationary phenomenon continues, hyperinflation continues as long as these numbers do not decline significantly over the course of a year.The minimum wage is always hungry"warned the MP Ángel Alvarado.

His statements indicate that the minimum wage in May covered 3.58% of the family food basket, down 10 points from September last year, while wages reached 13.5% of the basket. . Despite its high level, inflation in June was lower than in May, when it had reached 31.3%.