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By Forbes, Aug 26, 2016
There has been zero relief on food inflation thanks to the inflow of goods likely being resold at a premium, and surely unable to meet domestic demand. In one month, food prices in Venezuela rose 30% with annualized inflation now at 773% year-over year ending July. It’s official, we are now approaching four-digit hyper-inflation within the next few months.
Read More: http://www.forbes.com
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