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Venezuela

Drop in dollar payments worries the retail sector

Payments in dollars, the US currency, have declined alarmingly during the first months of 2025, according to the retail sector in Venezuela. The sector has pointed out that "the use of US dollars as a payment method in retail stores has…

Venezuela’s April inflation reached 18.4 %

Recent data from the Venezuelan Finance Observatory (OVF) show that Venezuela's inflation in April reached 18.4 %, 5.3 points higher than in March. According to the OVF, "the food basket reached a value of $ 409, reaching its highest level…