Friday, 01 June 2007

UPDATE 2-Venezuela confirms inflation accelerates in May

(Reuters) - The central bank said in a statement that the OPEC nation's
12-month inflation to May reached 19.5 percent compared to 10.4
percent the year before.




May's inflation was roughly in line with a Reuters survey
of seven financial institutions, whose mean estimate was a 1.6
percent rise for the month.


Read more at Reuters.com Economic News

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