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prices of goods and services

According to the Central Bank of Venezuela, inflation in August reflected a slowdown, reaching 8.9 %. "This is the second lowest monthly variation reported by the issuing entity in 2016, only behind the 6.3 % recorded in May, and marks a significant moderation after the spike in July, when the CPI…
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OVF: Annualized inflation in May reached 229 %

The monthly inflation rate in Venezuela stood at 26 % last May, according to the Venezuelan Finance Observatory report. In April, the Venezuelan Finance Observatory placed this indicator at 18.4 %. According to the independent entity, the…

OVF: Inflation in Venezuela in July was 4 %

The Venezuelan Finance Observatory (OVF) indicated that during the month of July, inflation in Venezuela was 4 %. The independent entity of the Central Bank of Venezuela also indicated that the interannual and accumulated inflation rates…