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The Nexus
BUSINESSJul 15 · 17:02 UTCTHE RIO TIMESSofia Gabriela Martinez

Venezuela Inflation Doubles After Earthquakes, Worsening Economic Crisis

Venezuela's monthly inflation surged to 13.8% in June, doubling from May's 6.3%, driven by earthquake disruptions. Annualized inflation remains around 600%, making basic food and medicine unaffordable for millions reliant on bolívar incomes, while the minimum wage remains frozen.

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Venezuela Inflation Doubles After Earthquakes, Worsening Economic Crisis · The Nexus