FOXBusiness.com: Venezuela sees 2012 inflation at 19.9 percent, below target

FOXBusiness.com FOX Business Network - The Power to Prosper

Venezuela sees 2012 inflation at 19.9 percent, below target Dec 29th 2012, 18:07 Venezuelan inflation reached 19.9 percent in 2012, the central bank said in a preliminary estimate on Saturday, beating its official target thanks to strict price controls that business leaders say are unsustainable in the long term.

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