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Bolivia Inflation Soars to 34-Year High Ahead of August Election

Summary by Bloomberg
A crippling dollar shortage, fuel scarcity and mass unrest pushed Bolivia’s inflation rate to its fastest in more than three decades ahead of the nation’s general election.

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The price of food in Bolivia skyrocketed alarmingly, according to INE data, year-on-year food inflation reached 31.48%, representing the highest level recorded since 2009.

Bolivia's inflation continues to skyrocket and now reached 23.96% year-on-year in June, the highest in the last 39 years, confirming that the country continues to derail from Latin America's average and is increasingly approaching countries that continue to struggle against price increases, such as Venezuela and Argentina. Bolivia is going through the worst inflationary episode in at least 40 years, according to estimates by the Departmental Col…

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Bloomberg broke the news in United States on Wednesday, July 2, 2025.
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