June 9, 2020 / 1:54 AM / a month ago

Venezuela sees 38.6% inflation in May, 295.9% in first five months of 2020: central bank

CARACAS, June 8 (Reuters) - Venezuela’s inflation rate accelerated to 38.6% in May, with accumulated inflation of 295.9% in the first five months of 2020, the central bank said on Monday.

In April the bank reported an inflation rate of 27.5%.

The inflation rate last May was 39.5%. (Reporting by Sarah Kinosian; Editing by Kim Coghill)

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