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Event Brief

Venezuela Inflation Hits 600% Despite Recovery Promises

Venezuela's annual inflation surged to 600% in February, exacerbated by a depreciating bolívar and worsening dollar shortages.
WHO: Venezuela
WHAT: Inflation accelerated to 600%
WHEN: Mar 16, 2026 at 10:54 AM ET
WHERE: Venezuela
WHY: Due to bolívar depreciation and dollar shortages

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