Friday, May 4, 2018


   Venezuela's inflation rate, already by far the world's highest, spiked from 4,966 percent to nearly 18,000 percent in just March and April — a trend that, if it continues, could push the country's annual rate to more than 100,000 percent by year's end, economists say.
   One kilogram (2.2 lbs) of meat today costs about 2 million bolivares, or about $2.35. But the monthly salary of a surgeon stood at less than 6 million bolivares in mid-April.
  Worried by the growing discontent among Venezuelans, the Nicolas Maduro government nearly doubled the minimum salary on Monday, raising it to 2.5 million bolivares per month.

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