The Cuban peso lost 86% of its value in one year, and the regime entered a new crisis
Cuba's government announced that official retail inflation represented 42.08% in January 2023, based on a survey of "official prices" dramatically affected by nationwide shortages. Monthly inflation reached 2.32% in the first month of the year after a peak of up to 4.21% in October 2022. But the official figures are far from alternative estimates. In […]