Photos of recent events: Hiperinflação recordes na história
Venezuela's Parliament estimated that consumer inflation came in at a whopping 1,698,488% in 2018. The government headed by Nikolas Maduro, who was re-elected for a second 6-year term in early 2019, has not posted any official statistics since 2015. High inflation rates have been recorded in the country since 2014, but the ailing economy has been in grip of the galloping inflation since 2016.