The Central Bank of Venezuela revealed that during the month of June, the National Consumer Price Index (INPC) reached 13.8 %. It also highlighted that the accumulated inflation rate for the first half of 2026 was 129.82 %.

“The result for the last month represents the third highest rate so far this year. The June figure was only surpassed by January’s 32.6 % and February’s 14.6 %. Thus, accumulated inflation during the first half of 2026 climbed to 129.82 %, while the annualized rate rose to 544.13 %.”

By sector, transportation led the increases across the different categories with a rise of 16.2 %. Education came in second with a 15.2 % increase, followed by housing at 14.9 % and health at 14.8 %.

In the recreation and culture category, the increase was 14.2 %, while household goods rose by 14.0 %. The groups of alcoholic beverages and tobacco, miscellaneous goods and services, and restaurants and hotels all saw an identical increase of 13.8 %.

The table registered the smallest increase in the communications sector, with 13.6 %; clothing and footwear at 13.3 %; food and non-alcoholic beverages at 13.1 %; and housing rentals closed with a variation of 10.9 %.

M.Pino

Source: analitica

(Reference image source: Mordo Bilman on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada The Central Bank of Venezuela reported an inflation rate of 13.8 % in June apareció primero en Bitfinance.

The president of the Venezuelan Confederation of Industrialists (Conindustria), Tito López, indicated in an interview for Radio Fe y Alegría Noticias, that 80 % of the Venezuelan manufacturing industry is operational, after the earthquakes of June 24.

According to the union member, “the damages recorded so far do not compromise the supply, production or distribution of goods.”

López explained that “only 6 % of the companies reported moderate damage and another 14% presented slight damage, mainly in some plants in the food sector and in industries located in the Yaracuy state.” Regarding companies in the states of Carabobo, Aragua, Lara and others in the central region, including Miranda, he stressed that they maintain their operations following the corresponding security protocols.

He added that “the regional chambers and the different sectors are working together with the affected companies to complete the repairs in the coming days.” The exception is a vegetable oil processor located in the Veroes municipality, Yaracuy state, which temporarily suspended operations due to the damage suffered.

López has ruled out shortages of goods and products in the national market, since production and distribution continue normally.

Conindustria proposed the application of fiscal measures to support the recovery of the affected areas, such as “reviewing exemptions from VAT, Income Tax and some import taxes, especially for essential inputs.” Also, they ask you to avoid nervous buying of medications.

M.Pino

Source: radiofeyalegrianoticias

(Reference image source: EqualStock on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Conindustria affirms that 80 % of the manufacturing industry in Venezuela remains operational apareció primero en Bitfinance.

The United States experienced its largest increase in year-over-year inflation in three years in May, reaching 4.2 %.

According to analysts, “this spike is in line with market expectations, which anticipated the continuation of an upward trend driven by higher energy prices due to the war in Iran.”

In May, energy prices rose 3.9 %. Furthermore, “inflation in energy products accounted for more than 60 % of the overall monthly increase.” Meanwhile, year-over-year, food prices increased by 3.1 %.

Core inflation — which excludes the impact of volatile energy and food prices — rose to 2.9 % year-on-year last month, slightly above April’s 2.8 %.

M.Pino

Source: elconfidencial

(Reference image source: Hobi industri on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada US inflation rises 4.2 % in May apareció primero en Bitfinance.

Last week, Ítalo Atencio, president of the National Association of Supermarkets and Self-Service Stores, indicated that a decrease in product prices on store shelves is expected in the short term due to the decline in the value of the unofficial dollar, which has fallen from an average of 900 to 400 bolivars.

Atencio said, “Prices are going to go down, that’s for sure,” adding that “the cost structure naturally adjusts to the exchange rate,” although he clarified that it’s not an instantaneous process, as it depends on inventory replenishment and agreements with suppliers.

According to ANSA, “domestic competition and a commitment to the end consumer are forcing businesses to reflect the drop in the foreign currency on product labels to maintain sales volume.”

Atencio referred to transparency in price marking as a fundamental aspect in this stage of economic transition. He emphasized the commitment of supermarkets affiliated with the association to ensure that the benefits of the inflow of foreign currency and the revaluation of the bolivar “reach the pockets of citizens directly.”

M.Pino

Source: alnavio

(Reference image source: Marjan Blan on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada ANSA predicts price reductions following dollar drop apareció primero en Bitfinance.

Venezuelan imports have increased since the end of September with the aim of satisfying consumer demand during Christmas. This was recently stated by the president of the Regional Chamber of Cargo, Jonathan Durvelle.

The official recalled that during this time, demand for seasonal inputs increases and reported that a few weeks ago, “seven vessels were operating in Puerto Cabello and two in La Guaira, figures that had not been seen in previous periods. He noted that a steady flow of raw materials is being observed, especially ABA foodstuffs, in addition to imports of corn, sorghum, wheat, and other products.”

He also referred to the arrival of containerized cargo in the country, including white goods and items related to the holiday season, although he warned that “the sector still operates with transport fleets that are more than 40 years outdated and have not been renewed.”

Durvelle highlighted the sector’s efforts to reinvest in order to “face current challenges. Among the priorities, he mentioned the need to adjust freight rates and update freight transport rates.”

M.Pino

Source: hexalegal

(Reference image source: Julia Taubitz on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Venezuela increases imports on Christmas Eve apareció primero en Bitfinance.

Peru’s year-on-year inflation saw a slight rebound in September, reaching 1.33 %, according to data from the National Institute of Statistics and Informatics (INEI). However, according to the Central Reserve Bank, the indicator remains within the 1 % to 1.3 % range.

On the other hand, last month’s Consumer Price Index (CPI) increased to 0.04 % compared to August. The items that showed the greatest increase were recreation and culture (0.17 %); healthcare, restaurants, and hotels (both at 0.15 %); miscellaneous goods and services (0.13 %); and furniture, household goods, and home improvement (0.05 %).

The National Institute of Statistics (INEI) also revealed in its report that the cumulative variation for the year is 1.15 %. However, inflation in the Latin American country remains within the 1 % to 3 % range set by the Central Bank of Lima.

Regarding the Consumer Price Index for Metropolitan Limait stood at 0.01 % in September and 1.25 % for the year. Year-over-year inflation was 1.36 %., 

Data on inflation by city indicate that “three cities registered rates above 2%, with Ica standing out at 2.28 %, followed by Tumbes at 2.09 % and Piura at 2.03 %.”

Of the 26 cities where the Consumer Price Index is calculated, 15 reported price increases, with the largest increases in Puerto Maldonado (0.38 %), Puno (0.31 %), Arequipa (0.29 %), and Piura (0.26 %).

Likewise, eleven cities recorded negative results, including Huancavelica (-0.38 %), Moyobamba (-0.34 %), Moquegua (-0.28 %), and Chachapoyas (-0.20 %).

The projection for an increase in inflation for the last quarter of the year is pending, pointing to a closing of 1.8 %, “driven by the low comparison base, and 2.5 % in 2026, due to the normalization of food prices and smaller drops in the exchange rate and inputs,” according to BBVA.

M.Pino

Source: bloomberglinea

(Reference image source: Cova Software on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Peru’s year-on-year inflation rose to 1.33 % in September apareció primero en Bitfinance.

The Vice President of Venezuela, Delcy Rodríguez, reported that 100 Christmas fairs have been set up throughout the country to offer products that include food, textiles, paints and gifts, with up to 30 % discount.

The fairs have been organized through a joint effort between the private sector, the State, organized popular power and entrepreneurs.

Among the supplies that consumers can now purchase are clothing and footwear as well as other textiles, gifts, paint and the ingredients for traditional hallacas, such as beef, chicken and pork, banana leaves, raisins, olives, among others.

The fairs allow citizens to save on the purchase of different items for the Christmas season in a festive atmosphere. Rodríguez emphasized that a high percentage of these products are of national production, which shows the country’s progress in economic matters.

M.Pino

With information from national media

(Reference image source: Yunus Tuğ for Unsplash+)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Christmas fairs will offer products with discounts in Venezuela apareció primero en Bitfinance.

The Venezuelan Chamber of Electronic Commerce asked service providers and merchants in the segment, as well as consumers, to respect the official dollar exchange rate established by the Central Bank of Venezuela.

According to the organization, its members comply with the exchange rate established daily by the regulatory body in the country.

This was confirmed by Richard Ujueta, president of Cavecom-e, who indicated: “It is a call that the chamber makes to merchants, suppliers, consumers to move on the official dollar.”

The official stressed that not complying with the BCV exchange rate “harms and distorts the economy,” because the difference in the exchange rate of the US dollar affects formal merchants and consumers, except for merchants in the informal sector, whom he urged to formalize their activity.

M.Pino

Source: unionradio

(Reference image source: Getty Images for Unsplash+)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Cavecom asks merchants to respect the exchange rate of the Central Bank of Venezuela apareció primero en Bitfinance.

Instant payments have arrived to solve the delays of traditional systems, responding to an old need of companies and consumers.

Sending money instantly is also another of the benefits of instant payout, as it speeds up payments for workers, customers, and services.

In 2023, according to the Prime Time for Real-Time 2024 report, 19.1 % of all electronic transactions were real-time payments. Estimates for between now and 2028 are for an increase of over 25 %.

This instant payment solution allows for quick access to accounts or funds, “immediate notification upon receipt of a payment, the ability for these payments to be automatically reflected in customer accounts, and the importance of receiving remittance details along with payments made.”

Immediacy is undoubtedly the value most appreciated by corporations and customers, since the release of money is executed in seconds, as well as the customer’s access to the funds.

Undoubtedly, the collection and payment departments of companies appreciate the implementation of increasingly faster mechanisms without too much bureaucracy.

M.Pino

Source: elcomercio

(Reference image source: Getty Images for Unsplash+)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Instant payments are the current ally of customers and companies apareció primero en Bitfinance.

The Financial Conduct Authority of the United Kingdom (FCA), the UK nation’s main regulator of commercial matters, announced that it issued a total of 2,285 alerts related to scams in the field of cryptocurrencies. These alerts were addressed to companies and entities operating in this space. Of these, 450 complaints were filed during the last quarter of 2023.

According to a report released by the FCA this week, the warnings were directed at entities that made misleading claims, illegal promotions or offered digital assets without complying with relevant laws and regulations.

The agency also noted that during 2023, more than 10,000 financial ads and cryptocurrency-related promotions were removed or modified. This represents a 17 % increase over the previous year, reflecting increased oversight and emphasis on protecting consumers from illicit activities.

In addition to warning about misleading offers and illegal ads, the FCA took strong action against companies that violated the laws. It also provided advice to other entities, guiding them to operate in accordance with regulatory requirements and conduct their business appropriately within the United Kingdom.

Although the UK used to be known for having one of the most complex regulations internationally, the introduction of new provisions in October 2023 has significantly tightened the horizon for certain widely recognised companies and companies. These difficulties have affected its ability to continue to operate in the UK market.

K. Tovar

Source: Diariobitcoin

(Reference image source: @prometheomx, X)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Scam alerts in the UK grew in the last quarter of 2023 apareció primero en Bitfinance.