Venezuela records daily inflation of nearly 3%, says Parliament

The President of Venezuela, Nicolás Maduro, expresses it at a meeting with the owners and media directors today, Tuesday, May 29, 2018, in Caracas (Venezuela). EFE / Miguel Gutiérrez

The Venezuelan National Assembly (AN, Parliament), which controls the opposition, now accounted for 2.8% of the daily inflation, or 128, 4% in June and 46.306% from one year to the next between June of 2017 and the same month of this year, data that confirm the process of hyperinflation suffered by the Caribbean country.

"In Venezuela, there is inflation every day higher than Chile's inflation all year," he said. Press Conference Second Vice President of the NA, Alfonso Marquina

The Central Bank of Chile, a country with one of the most efficient economies in the region, reported in March that "I have not been able to do this. it calculates that inflation in the southern country in 2018 2.3%.

While inflation accumulated in Venezuela from January to June this year amounted to 4,684.3%.

Parliament reported in May that the daily inflation of this period was 2.4%. %, 110.1 the month and 1.995.2% accumulated the year, so Sprague of this new report that the indexes experienced a rise in June.

The Venezuelan Legislature decided in January 2017 to provide data on inflation in the oil nation because the Central Bank (BCV) has not reported for more than two years the indices

Marquina said today that the government of President Nicolás Maduro does not offer the data because he believes "that if the official figures are not given, the problem is solved."

Venezuela, the country with the largest oil reserves tested on the planet, it is suffering from a severe economic crisis that is resulting in a shortage of staple foods and medications as well as a hyperinflation, phenomenon that makes it even more difficult access to products always decreasing supply.

The chairman of the Standing Committee on Finance and Economic Development of the AN, Rafael Guzmán, said after the press conference that behind the data "there are thousands of mothers and fathers who can not more feed "All projections of inflation are below the hurts and inconsistency of a regime that does nothing to stop this disaster," he added. Guzmán on his account Twitter

The Maduro government reacted to runaway inflation with recurrent wage increases, which public workers believe are inadequate

The latest increase of 103% took place at the end of June he placed the minimum monthly income at 5 196 000 bolivars, which currently represent 45 or a little over 2 dollars, according to the official exchange rate used EFE