inflation

Venezuelan Central Bank Admits Economy Is Crashing

Venezuela’s central bank published comprehensive economic data this week for the first time since 2015. The report published by the regime of dictator Nicolas Maduro was not as horrifying as projections from outside observers like the International Monetary Fund (IMF) but nevertheless admits to dizzying rates of inflation and a collapsing economy.

A woman holds new Bolivar-notes in downtown Caracas on August 21, 2018. - Caracas is issuing new banknotes after lopping five zeroes off the crippled bolivar, casting a pall of uncertainty over businesses and consumers across the country. (Photo by Federico PARRA / AFP) (Photo credit should read FEDERICO PARRA/AFP/Getty …

Prices of Imports from China Fell Again in April

The prices of Chinese goods imported to the U.S. fell in April by 0.1 percent after holding steady in March. Prices are down 1.1 percent over the past twelve months. Import prices reported by the Labor Department do not include

Mark Schiefelbein, AP

Inflation Remained Tame in February

Still no signs that the price level of consumer goods is rising due to a rising budget deficit or tariffs on imported goods.

The Associated Press