April inflation in Venezuela closed at 10 %
Data related to the Consumer Price Index (CPI), according to the Central Bank of Venezuela, closed the month of April above 10 %, reflecting a decrease compared to previous months
Data from the Central Bank of Venezuela on the Consumer Price Index (CPI) at the end of April places the indicator above 10 %, representing a slight decrease in inflation compared to previous months.
The regulatory body placed the year-on-year inflation rate (April 2025-April 2026) at 612 %, “which also signifies a slowdown compared to the previous month when it reached 650 %.” Data for January shows an average price increase of 32.6 %, followed by 14.6 % in February and 13.1 % in March.
The decline in the Consumer Price Index (CPI) in April is attributed to market interventions aimed at stabilizing the exchange rate.
Thanks to auction mechanisms, it is expected that “approximately $1.3 billion per week will enter the market to continue stabilizing the devaluation of the bolivar and further slowing the rise in prices, according to unofficial sources.”
M.Pino
Source: bitacoraeconomica
(Reference image source: Vladislav Iakunichev on Unsplash)
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