The US didn’t impose sanctions in late January.
While the Leninists / Stalinists want to blame all the worlds’ ills on the Great Satan, you need to accept responsibility for just another failure of your Leninist / Stalinist political ideology. Venezuela is just another victim of greed, corruption and mismanagement that afflicts your Leninist /Marxist ideology.
So you have some history of that nation.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Venezuela inflation rate for 2016 was 254.95%, a 133.21% increase from 2015.
- Venezuela inflation rate for 2015 was 121.74%, a 59.57% increase from 2014.
- Venezuela inflation rate for 2014 was 62.17%, a 21.53% increase from 2013.
- Venezuela inflation rate for 2013 was 40.64%, a 19.57% increase from 2012.