Venezuela's 12-month inflation tops 62 pct in June - report

[Zorro]

Venezuelan consumer prices rose 62.1 percent in the 12 months ending in June, a newspaper reported on Tuesday, boosting pressure on President Nicolas Maduro to control inflation.

That figure would be the highest since the OPEC nation revamped its methodology for calculating consumer prices in 2008, accelerating from the 60.9 percent inflation figure reported by the central bank for the month of May.

Consumer prices rose 5.5 percent in June, daily newspaper El Nacional reported, citing unidentified sources. That was slightly below the 5.7 percent increase that the central bank reported for May.

A central bank spokesman declined to comment.

http://finance.yahoo.com/news/venezuelas-12-month-inflation-tops-144851818.html

[Bacchus4.0]

1. Mark Weisbrot said he didn't expect inflation to increase this past year

wtf?? Could Weisbrot be wrong?

[Marksman_91]

2. Guess this confirms that Weisbrot is nothing more than a propagandist hack n/t

[delrem]

3. I agree. It's time for a coup d'etat, or at least heavy sanctions!

This is my new peaches and cream manifesto, that both Marksman and Bacchus (excuse the numbers, but I'm numb-illiterate) agree to.

We're all *caring of the poor*, first and foremost, in our nicely chilled bowl of peaches and cream. We prove that everyday by expressing disgust for *socialists*, and *Chavistas* and *Bolivarians*.

[Marksman_91]

4. And you just keep putting words in people's mouths and try to make this personal

I've still yet to see any evidence on your part which shows that I support a coup d'état or sanctions against Venezuela (sanctions against individuals in the Maduro administration, however, are different, and those I would have no problems with). Keep making a fool of yourself and try derailing the topic at hand, I'm sure that's gonna work out real well for you. Or maybe you just forgot the couple of threads you've been banned from thanks to your idiotic rambling.