Fact-check · Sep 30, 2026 · Donald Trump
“They have a 301% just came out. Inflation rate of 301% there.”
MISLEADING
What the record shows
Venezuela's inflation reached 576-580% in July 2026 (BCV/central bank data); IMF projects 387.4% for 2026 average; Oxford Economics forecasts 303% by end-2026.
Sources
From: President Trump Makes an Announcement with the Secretary of Commerce
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