Bloomberg created the Venezuelan Café Con Leche Index, using the price of a single cup of coffee, because Venezuela's government refuses to publish inflation statistics.
Based on the price of a coffee from a bakery in Caracas. In the year to the end of January 2019 the price rose from 0.45 to 1,700.00 bolivars. The currency devaluation in August 2018 means 1,700.00 new bolivars equal 170,000,000 old bolivars.