Venezuela four percent – Bitfinance https://bitfinance.news Fintech & new economy info Thu, 08 Aug 2024 10:40:51 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://bitfinance.news/wp-content/uploads/2025/01/favicon-64.png Venezuela four percent – Bitfinance https://bitfinance.news 32 32 OVF: Inflation in Venezuela in July was 4 % https://bitfinance.news/en/ovf-inflation-in-venezuela-in-july-was-4/ Thu, 08 Aug 2024 18:00:26 +0000 https://bitfinance.news/?p=108154 De acuerdo con los datos del Observatorio Venezolano de Finanzas (OVF), durante el mes de julio la inflación en Venezuela fue de 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 in the country reached 62 % and 22 %, respectively. According to the OVF report, “the items that showed […]

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]]> De acuerdo con los datos del Observatorio Venezolano de Finanzas (OVF), durante el mes de julio la inflación en Venezuela fue de 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 in the country reached 62 % and 22 %, respectively.

According to the OVF report, “the items that showed the greatest increases were services (8.7 %), home equipment (5.1 %) and alcoholic beverages and tobacco (3.9 %).”

By area, the highest inflation rate was recorded in the Caracas Metropolitan Area (AMC), which showed a variation of 5 %; They are followed by the states of Nueva Esparta (4.2 %), Anzoátegui (3.9 %) and the State of Zulia (2.9 %).

A determining item that registered a significant increase is services, with 17.4% in the Caracas Metropolitan Area, 12.4% in Anzoátegui, 9.9% in Nueva Esparta and 1.4% in Zulia.

According to the OVF, “this acceleration of inflation (4 %) is explained both by the nominal depreciation of the bolivar against the dollar (3.4 %) and by the increase in public service rates, especially urban sanitation (16, 9 %) at the national level.”

M.Pino

Source: finanzasdigital

(Reference image source: Unsplash+, in collaboration with Karolina Grabowska)

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La entrada OVF: Inflation in Venezuela in July was 4 % apareció primero en Bitfinance.

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