Venezuela creeps out of hyperinflation, but no one feels it

Economists say Venezuela has come out of a four-year cycle of hyperinflation, but citizens like pensioner Humberto Reco are still waiting to see the evidence.

The crisis-wracked South American country ended 2021 with inflation of 686 percent, according to the central bank, meaning the end of a period of hyperinflation that began in 2017.

Video by AFP

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