BCV reports decrease in inflation in October

The Central Bank of Venezuela reported that October inflation fell to 6.2 %, registering the lowest figure in 2026

The recent report from the Central Bank of Venezuela placed October inflation at 6.2 %, reflecting a slight decrease in the indicator, which is positioned as the lowest in 2026.

According to the local entity, “with this result, inflation accumulates three consecutive months in single digits, which confirms the trend towards price stabilization.”

According to the BCV, the indicator results from the coordination with the National Executive towards the reestablishment of the “fiscal balance, favored by fiscal discipline, the normalization of external income flows and the increase in internal collection.”

It is important to remember the recent signing between the National Executive and the BCV of the Annual Economic Policy Agreement 2027, which reaffirms the commitment to price stabilization and growth.

M.Pino

Source: BCV

(Reference image source: Jakub Żerdzicki on Unsplash)

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