Economic

As Venezuela Hikes Wages Without Increasing Revenue or Production, 800% Inflation Likely to Surge

17 Aug 2016 OODA Analyst

“Venezuela’s inflation rate, already expected by the IMF and others to break records this year, is now expected to go even higher after embattled President Nicolas Maduro hiked the minimum wage Monday, analysts say.”

Source: Latin American Herald Tribune – As Venezuela Hikes Wages Without Increasing Revenue or Production, 800% Inflation Likely to Surge

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.

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