BCV says Venezuela accumulated 844.1% inflation until September

The institution does not regularly publish these data, however the last time it reported on this was in early August

Venezuela accumulated inflation of 844.1% until September, reported the Central Bank of Venezuela (BCV), contradicting the average that the Parliament manages, according to which only until August the country added a 1,079.67% increase in the index of consumer prices.

The BCV published these data on its website, in which it reflected that inflation in August was 24.7% and that of September was 27.9%, with notable increases in the costs of goods and services related to health and housing.

The Venezuelan institution does not regularly publish these data and the last time it reported on it was in early August, when it revealed July inflation, located at 19.6%, with an accumulated rate of 491.9 points until then.

Since 2017, the National Assembly (AN) has issued a monthly inflation report that was taken as valid in view of the absence of reports from the BCV, which spent almost three years without publishing official figures.

The Legislative Finance Commission, which generates this monthly report, announced in September that accumulated inflation up to August was 1,079.67%.

Taken and with information from ElSumario

You might also like