Observers cast doubt on first Venezuelan inflation figures in a year

banco-central-de-venezuela
Central Bank of Venezuela publishes first inflation figures for over a year

After more than a year of silence, the Central Bank of Venezuela has released data concerning the country's inflation for the first three quarters of 2015. Annual inflation, it said in a report published on January 15, reached 141% in September.

However, some followers of the region remain sceptical about the accuracy of these new figures. "This figure is absolutely incorrect," Steve Hanke, professor of applied economics at The Johns Hopkins University, said. "The bank was late getting the

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