UPDATE 1-Venezuela 2016 inflation hits 800 pct, GDP contracts nearly 19 pct

CARACAS, Jan 20 (Reuters) - Venezuelan consumer prices rose

800 percent in 2016 while the economy shrank 18.6 percent,

according to preliminary central bank figures seen by Reuters,

the sharpest economic contraction in 13 years and the worst

inflation reading on record.

Read more