Venezuela’s Inflation Falls to 68% in June

Inflation in Venezuela dropped to 68% year-on-year in June 2024, according to the independent Venezuelan Finance Observatory (OFV). June’s inflation rate of 68% is down from 78% in May and 87% in April, marking the lowest rate since 2017. The OFV expects annual inflation to range between 60% and 65% this year, a significant improvement […]