CARACAS—Venezuelan consumer prices rose 488,865 percent in the 12 months ending in September, a member of the opposition-run congress reported on Oct. 8, as the OPEC nation’s hyperinflation continues to accelerate amid a broader economic collapse.
Daily inflation is now 4 percent, according to opposition legislator Angel Alvarado, with monthly inflation rising to 233 percent in September from 223 percent in August.
