The Central Bank of Venezuela’s report on the price increase for the first quarter of the year places the indicator at 71.8 %.

According to the official figures published on Thursday, April 9, by the BCV on its website, “prices increased 13.1 % in March, while in February inflation was 14.6% and in January 32.6 %.”

In detail, the transportation sector saw the largest increase last month, with a rise of 15.6 %. Next are: housing services, excluding telephone (15 %), recreation and culture (14.5 %), household equipment, and restaurants and hotels (13.3 %).

 

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Regarding food and non-alcoholic beverages, key sectors for the population’s quality of life, prices registered a 12.6 % increase.

According to the regulatory body, “Venezuela has accumulated twelve months with double-digit inflation rates, with January’s being the highest in that period, as well as the highest in exactly three years.”

One of the main causes for the price increase is the rise in the dollar exchange rate. “The price of the dollar on the official market went from 301.37 to 473.87 bolivars in the first quarter of the year, an increase of 57.2 %, which also represents a 36.4 % devaluation of the Venezuelan currency, the bolivar, against the US dollar.”

On the other hand, the monthly minimum wage has been 130 bolivars since March 2022, and it faces constant erosion due to inflation and devaluation.

M.Pino

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La entrada Prices increased 71.8 % in the first quarter of 2026 apareció primero en Bitfinance.

The bolívar, Venezuela’s official currency, continues to experience a marked devaluation that is hitting the population’s purchasing power and eroding wages.

As of the end of November, the national currency had lost 8.8 % of its value against the US dollar.

According to experts, the increase in foreign currency leads to higher prices, as well as a loss of purchasing power for workers, especially those who are paid in bolívares.

The minimum wage for workers, as well as the amount allocated to pensioners, is 130 bolívares. With the daily update of the official dollar exchange rate published by the Central Bank of Venezuela, this amount decreases as the days go by.

Tensions between Venezuela and the United States, coupled with the South American nation’s internal problems, exacerbate the economic and financial situation, despite the rebound in some industrial sectors and foreign investment in areas such as agriculture, technology, and energy.

M.Pino

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La entrada The bolivar continues to devalue apareció primero en Bitfinance.

Inflation in Mexico showed a monthly variation of 0.23 % in September 2025. On the other hand, the annual rate was 3.76 %, according to data from the National Institute of Statistics and Geography (INEGI).

Regarding the National Consumer Price Index (INPC), the indicator reflected a moderation in inflationary pressures, triggering increases in the prices of “educational services, prepared foods, and housing, while agricultural and energy products showed declines.”

The core index, “which concentrates the goods and services whose prices respond most directly to market conditions, registered a monthly variation of 0.33 % and an annual increase of 4.28 %.”

In detail, merchandise prices increased 0.34 % and services prices, 0.32 %. The largest increases occurred in university tuition (1.82 %), primary education (5.98 %), and snack bars, restaurants, and taco stands (0.47 %). The non-core index, in contrast, decreased 0.10% monthly and showed an annual variation of 2.02 %. Prices for avocados (-11.34 %), potatoes (-6.82 %), eggs (-2.28 %), and LP gas (-0.67 %) helped contain headline inflation.

The minimum consumption basket, “which reflects the prices of essential goods and services, showed a monthly variation of 0.27 % and an annual variation of 3.74 %, moderating compared to the previous year.”

M.Pino

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La entrada Mexico’s annual inflation rate in September was 3.76 % apareció primero en Bitfinance.

From January to May, Peru recorded cumulative inflation of 1.05 %, while for the month of May, the Consumer Price Index (CPI) nationwide decreased by 0.05 %.

This was reported this Sunday, June 1, by the National Institute of Statistics and Informatics (INEI in Spanish), which also provided sector-by-sector data.

“In Metropolitan Lima, the CPI decreased 0.06 %, accumulating a 1.17 % increase in the January-May period, according to the technical report Variations in Economical Price Indicators from the National Institute of Statistics and Census (INEI).”

The annual rate, which corresponds to the last 12 months, reflected a percentage change of “1.72 % for the national indicator and 1.69 % for Metropolitan Lima.”

According to the INEI, the items that saw decreases last month were food and non-alcoholic beverages (0.40 %), transportation (0.31 %), and lodging, water, electricity, gas, and other fuels (0.18 %).

Regarding consumer prices in May, the institute reported increases in 11 cities, with the highest change observed in Iquitos at 0.33 %.

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La entrada Peru’s cumulative inflation was 1.05 % from January to May apareció primero en Bitfinance.

The Venezuelan Finance Observatory (OVF) issued the report on the inflation rate for the month of February of this year, indicating that the monthly index was 12.8 %, while the annualized inflation reached 117 % and the accumulated inflation closed at 20.3 %.

In a note published on its website on March 5, the OVF stated: “These results coincide with what was reported in the Economic Expectations Survey for February, which anticipated an inflation rate between 100% and 120 %.”

The interpretation of this inflationary behavior is attributed to a coupling of the price indexes to the increase in the US dollar.

The organization noted that the items that showed the greatest increase in value were entertainment (21.2 %), equipment (17.8 %), restaurants and hotels (17.9 %), clothing and footwear (17.1 %) and food (13.3 %).

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La entrada Venezuela’s inflation in February was 12.8 % apareció primero en Bitfinance.

Eurozone inflation for the month of September, which stood at 1.7 %, was the lowest since April 2021, according to Eurostat.

The inflation rate slowed by half a percentage point compared to the 2.2 % rise in prices for the month of August.

According to data from the community statistical office, the value had initially been calculated at 1.8 %. On the other hand, “for the European Union as a whole, the inflation rate reading for the month of September shows a drop of three tenths, to 2.1 %”.

This slowdown in inflation in the eurozone in September reflects the 6.1 % drop in the cost of energy, which fell 3 % year-on-year in August, while fresh food prices rose by 1.6 %.

Also, “the price of non-energy industrial goods rose 0.4 % year-on-year in September, unchanged from the increase in August”.

The countries where the greatest increase in the cost of living was seen are Romania (4.8 %), Belgium (4.3 %) and Poland (4.2 %). On the contrary, the nations with the lowest price increases with an impact on the cost of living are Ireland (0 %), Lithuania (0.4 %) and Slovenia (0.7 %).

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La entrada Eurozone inflation reached 1.7 % in September apareció primero en Bitfinance.

The Central Bank of Venezuela reported this Monday, September 9, the inflation rate for the month of August, which closed at 1.4 %, while the accumulated rate reached 11.2 %.

According to the regulatory entity, the largest increase in prices was recorded in the education services sector, where values ​​rose 3.2 %, as well as food and non-alcoholic beverages, with an increase of 2.1 %.

As a counterpart to these indices, the Venezuelan Finance Observatory (OVF), an autonomous entity made up of economic experts, maintains that for the month of August the country’s inflation was 2.8 % and the accumulated rate was 26.1 %.

In any case, the Executive plans to close the year with double-digit inflation for the first time in ten years.

The government of Nicolás Maduro has highlighted in its speeches the progress towards price stabilization as a reflection of the new internal economy.

M.Pino

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La entrada Inflation in Venezuela for the month of August was 1.4 % apareció primero en Bitfinance.

The National Consumer Price Index (INPC) of Venezuela registered a slight increase in October of seven tenths, reaching 6.7 % monthly, while the year-on-year figure fell to 362 %, compared to the year-on-year inflation of 396 % registered in September.

In this way, the Venezuelan price index reaches the lowest interannual figure of the year, already accumulating a consecutive fall of three months, after an increase last July that put an end to the downward trend since the beginning of the year.

All in all, it is still a figure that reflects a hyperinflation scenario and that contrasts enormously with the rest of the countries in the Latin American and Caribbean region (except Argentina, where inflation is also above three digits).

According to the information released this Monday by the Venezuelan Observatory of Finance (OVF), an independent economic information organization, this 6.7 % monthly price increase occurred in a context in which the exchange rate remained relatively stable.

This fact denotes that the policy of trying to contain the exchange rate so that it acts as an anchor for inflation does not seem to be giving the expected results, by depriving the economy of inflationary expectations.

Among the items that experienced the greatest increases, services stand out, with an increase of 9.8 %, mainly due to the 17 % increase in the mobile telephony division. For its part, the restaurants and hotels category registered an increase of 9.5 %, and education of 8.3 %. Food prices also showed a significant increase of 7.1 %.

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La entrada Inflation in Venezuela climbs to 6.7 % monthly but year-on-year falls to 362 % apareció primero en Bitfinance.

Inflation in Venezuela during the month of September was 8.7 %. This was announced this Friday by the country’s Central Bank, adding that the accumulated inflation was 158.3 % and the interannual inflation was 317.6 %.

According to the local entity’s report, the increase in prices during the month of August had a substantial rebound that has affected the inflation index.

The data published by the BCV indicate that the sectors with the greatest increase in September 2023 are “education, with an increase of 18.1 %; followed by transportation, with 11.1 %; clothing and footwear, with 10.1 %; and communications, with an increase of 9.8 %.”

Likewise, other items that also showed price increases are food and non-alcoholic beverages, with an average increase of 7.9 % in September, followed by the health sector, where prices reflected an increase of 8.8 %.

Estimates from the Venezuelan Observatory of Finance (OVF), “the estimated monthly inflation for September 2023 was 6 % and the annualized inflation was 396 %.”

The first is directly related “to the 5.5 % increase in the price of the dollar, which reinforces the close link between exchange rate and price movements,” as explained by the OVF.

All this in a bimonetary scenario, where transactions in bolivars, the depreciated national currency, and dollars coexist. The US currency serves as a reference in the price and value market.

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La entrada Venezuela’s accumulated inflation reached 158.3 % in September apareció primero en Bitfinance.

The president of the National Federation of Commerce, José Alejandro Lossada, estimates a 20 % recovery in sales in the sector during the second half of 2023.

Lossada explained that in the first quarter there was a 15 % drop in sales, although positive figures have been recorded in recent months.

“In the first quarter there was a drop in sales from 15 % to 20 % (…) this second quarter we have data for a drop of 5 %. However, for the second half of the year we have a 20 % recovery perspective in terms of sales,” he said.

The representative of the commercial sector estimates that the recovery of wages in the private sector could boost sales for the second half of the year.

According to the president of the federation, this increase is due to a recovery in the salaries of some private companies in the country, where he estimates that the minimum wage has risen to approximately 200 dollars.

Lossada recognized the great challenges that merchants must face due to the high costs of public services in the country, especially in Caracas, where the water service went from $20 to $80 on average during 2023.

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La entrada Fedecomercio foresees a 20 % recovery in sales in the 2nd semester of 2023 apareció primero en Bitfinance.