
Venezuela said Monday that inflation slowed in the last two months of the year after the government took action to slash prices of appliances. The Central Bank said in a report that prices climbed 4.8 percent in November and an estimated 2.2 percent in December. The figures arrived two weeks past a deadline to publish price data. In October, prices jumped 5.1 percent. The Central Bank justified a nearly three-week delay in issuing its report because of "exceptional and historic" measures taken by President Nicolas Maduro to fight price speculators trying to destabilize the country. Maduro said Monday that annual inflation hit 56.2 percent.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
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