The National Assembly declares that inflation in Venezuela has gone from 2.5 million percent to 12 months | Economy

Venezuela has been in recession for five years and can not control the rate at which prices go up, despite the government of Nicolás Maduro, who began a second disputed warrant in January, claiming that he is taking steps to overcome the crisis.

Parliament reported that prices had risen by about 191.6% in January 2019, almost three times higher, implying a daily increase of about 3.5%. The National Assembly calculated that last month, the price of food had risen by 266%.

"This result of January's inflation was due to the depreciation of the parallel exchange rate," said Angel Alvarado MP. Companies are seeking funds out of government control to operate because of the shortage of currency in the official system, which increases parity and drives inflation.

Maduro attributes the crisis to the "economic war" of the United States and corporations, but critics of the government and economists argue that the distortions are due to the model of control by the state.