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This is not always simple as a result of some international locations, comparable to Venezuela, use value controls to keep inflation in test. Hanke argues that the resulting official inflation rates are inaccurate, and he uses some creative strategies (similar to figuring out black-market alternate charges) to calculate what he considers to be the true rate of inflation. In Hanke’s 2014 index, Venezuela topped the gloominess chart at 79.4.

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