LatinNews Daily - 10 February 2022

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In brief: Venezuela’s monthly inflation slows

*Venezuela’s central bank (BCV) has published its monthly consumer price index, which shows that monthly inflation reached 6.7% in January, down from 7.6% in December and the fifth consecutive month of slowdown. Monthly inflation figures have been in single digits since September. The Observatorio Venezolano de Finanzas (OVF), an independent economic think tank established by the Venezuelan opposition put monthly inflation in January at 4.8%. The BCV did not provide a year-on-year rate but OVF put year-on-year inflation in January at 405%.

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