Monthly inflation in Venezuela more than doubled to 13.8% in June after twin earthquakes, compounding hardship and weakening a fragile economic recovery.
Venezuela · Economy
Key Facts
—Monthly jump Inflation surged to 13.8% in June from 6.3% in May, erasing recent stabilization gains and directly linked to earthquake disruption.
—Annual crisis Annualized inflation sits around 600%, making basic food and medicine unaffordable for millions who rely on bolívar incomes.
—Wage collapse The frozen minimum wage of 130 bolívares is worth roughly $0.30–$0.40 per month, far below the UN extreme poverty line.
Venezuela's earthquakes have deepened this century’s biggest economic crisis
Venezuela’s Shattered Post-Quakes Economy
La inflación en Venezuela se dispara a 13,8 % en junio, el mes de los dos terremotos - EFE
La inflación en Venezuela se dispara a 13,8 % en junio, mes de los terremotos
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