Venezuela's year-on-year inflation down to 3,500%

CARACAS, Venezuela – Venezuela ended June with a year-on-year inflation of 3,500%, according to a statement published on Wednesday, July 8, by the opposition-controlled legislature.

The figures show inflation is gradually decreasing, having hit almost 3,700% in May and 4,200% in April.

However, June's inflation of 19.5% was higher than May's ...