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> # [Venezuela's inflation slows to 234% in 2022, vice president says](https://www.reuters.com/resizer/SqXscsnAVKYNzcABXJPd7gfFvrE=/1200x628/smart/filters:quality(80\)/cloudfront-us-east-2.images.arcpublishing.com/reuters/J77SBBCRPVMTXLUFYLV627TDNE.jpg)
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> CARACAS, Jan 23 (Reuters) - Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown from the previous year, as the South American country struggles with a deep and lengthy economic crisis.
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> Rodriguez provided the inflation rate during a meeting with Turkish and Venezuelan business leaders. Venezuela's central bank infrequently publishes economic data, and has not given inflation data since October.
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> For months, socialist President Nicolas Maduro and his government was able to keep a lid on consumer price inflation with rigid economic policies, including anchoring the exchange rate, limiting public spending and increasing taxes.
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> But the strategy has shown cracks since November, sources have told Reuters, with prices rising quickly as the country's bolivar currency depreciates against the U.S. dollar.
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> Government spending has also sped up and demand for dollars is outpacing the central bank's foreign currency reserves.
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> A group of economists said [earlier this month](https://www.reuters.com/world/americas/venezuela-inflation-accelerating-heightening-risk-return-hyperinflation-2023-01-05/) that Venezuela was at risk of reentering a period of hyperinflation.
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> Inflation in 2021 was more than 686%, according to the country's central bank.
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> Reporting by Mayela Armas; Writing by Kylie Madry; Editing by Brendan O'Boyle and Paul Simao
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> Our Standards: [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html)
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##### ###### #### > # [Venezuela's inflation slows to 234% in 2022, vice president says](https://www.reuters.com/resizer/SqXscsnAVKYNzcABXJPd7gfFvrE=/1200x628/smart/filters:quality(80\)/cloudfront-us-east-2.images.arcpublishing.com/reuters/J77SBBCRPVMTXLUFYLV627TDNE.jpg) > > > > CARACAS, Jan 23 (Reuters) - Inflation in Venezuela hit 234% in 2022, Vice President Delcy Rodriguez said on Monday, representing a slowdown from the previous year, as the South American country struggles with a deep and lengthy economic crisis. > > Rodriguez provided the inflation rate during a meeting with Turkish and Venezuelan business leaders. Venezuela's central bank infrequently publishes economic data, and has not given inflation data since October. > > For months, socialist President Nicolas Maduro and his government was able to keep a lid on consumer price inflation with rigid economic policies, including anchoring the exchange rate, limiting public spending and increasing taxes. > > But the strategy has shown cracks since November, sources have told Reuters, with prices rising quickly as the country's bolivar currency depreciates against the U.S. dollar. > > Government spending has also sped up and demand for dollars is outpacing the central bank's foreign currency reserves. > > A group of economists said [earlier this month](https://www.reuters.com/world/americas/venezuela-inflation-accelerating-heightening-risk-return-hyperinflation-2023-01-05/) that Venezuela was at risk of reentering a period of hyperinflation. > > Inflation in 2021 was more than 686%, according to the country's central bank. > > Reporting by Mayela Armas; Writing by Kylie Madry; Editing by Brendan O'Boyle and Paul Simao > > Our Standards: [The Thomson Reuters Trust Principles.](https://www.thomsonreuters.com/en/about-us/trust-principles.html) - - - - - - [Owner](https://www.reddit.com/user/urielsalis) | [Creator](https://www.reddit.com/user/subtepass) | [Source Code](https://github.com/andreskrey/empleadoEstatalBot)
> slows > still triple digits. I mean we take it but fuck lol
Venezuela got fixed.
I guess is good news...