LatinNews Daily - 05 May 2022

In brief: Venezuela’s inflation slowing, says think tank

* The Observatorio Venezolano de Finanzas (OVF), an independent economic think tank set up by Venezuela’s political opposition, has reported monthly inflation of 3.6% in April, bringing the annual inflation rate in Venezuela to 172%. While the OVF says this is still the highest rate in the world, the April figures compare with monthly inflation of 10.5% and an annual inflation rate of 251% in March, according to OVF figures.

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