Venezuela annual inflation hits 46,305 percent in June - congress

Venezuelan consumer prices rose 46,305 percent in the 12 months ending in June, the opposition-controlled congress said on Monday, as the crisis-stricken nation’s hyperinflation continues to accelerate amid a broader economic collapse. The government of President Nicolas Maduro stopped publishing economic indicators nearly three years ago as the OPEC nation’s socialist economic system started falling apart, making opposition legislators the only source of such figures. More…