(Reuters) - The source said the rise was largely due to higher prices
at restaurants and health clinics. A Reuters survey had
predicted inflation of 1.6 percent.
Venezuelan President Hugo Chavez has struggled to contain
runaway inflation that reached 17 percent last year amid
soaring government spending that has built up Chavez's
political support but vastly increased liquidity.
Read more at Reuters.com Economic News
at restaurants and health clinics. A Reuters survey had
predicted inflation of 1.6 percent.
Venezuelan President Hugo Chavez has struggled to contain
runaway inflation that reached 17 percent last year amid
soaring government spending that has built up Chavez's
political support but vastly increased liquidity.
Read more at Reuters.com Economic News
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