Bolivia is in the midst of an economic and political crisis. Declining natural-gas production has crippled the country's ability to earn dollars; import costs have surged as a result, sending inflation soaring. As our first chart shows, consumer price inflation reached a 16-year high of 9.97% year-on-year in November. A similar increase has been observed for the producer price index (PPI) - a recent addition to the CEIC database.
