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 increase in monthly inflation was due to the rise in the…
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Venezuelan Finance Observatory
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…
Cumulative inflation in Venezuela was 36.1 % in the first quarter
The Venezuelan Finance Observatory (OVF) reported this Monday that cumulative inflation in Venezuela for the first quarter of the year stood at 36.1 %.
According to the independent organization made up of economic analysts, prices for…
The bolívar has devalued 30 % so far this year
The legal currency in Venezuela, the bolívar, has lost 30 % of its value so far this year, according to estimates by the independent Venezuelan Finance Observatory (OVF).
According to the independent organization, "for every 1 % the…
Venezuela’s inflation in February was 12.8 %
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…
Venezuela’s inflation in January was 7.9 %
Data from the Venezuelan Finance Observatory on inflation for the month of January indicate that it closed at 7.9 %. The entity highlights that it was 6.9 points below last December, when it closed at 14.8 %.
The OVF indicated in a press…
Venezuela’s economy will be marked by inflation and the exchange rate in 2025
In a forum held by the Venezuelan Finance Observatory, with the participation of specialists and academics, the economic scenario for the country in 2025 was analyzed, with projections of a scenario marked by inflation and the exchange…
Venezuela records inflation escalation to 13.6 % in August
The National Consumer Price Index (INPC) of Venezuela climbed to 13.6 % monthly in the month of August from 7.2 % registered in the previous month, although it has experienced a drop of 17 percentage points in year-on-year terms, to stand…
Venezuela registers two consecutive quarters of economic contraction
The Venezuelan economy registers a 7 % drop, after two consecutive quarters of contraction. This has been indicated by the Venezuelan Finance Observatory, OVF.
The agency has indicated this Wednesday that a new recessive cycle is…
Ricardo Hausmann: New technologies and added value will help Venezuela’s recovery
Only by adapting and controlling new technologies will countries be able to overcome the obstacles that impede their growth. This was stated by the economist and professor at the Kennedy School of Government, Harvard University, Ricardo…