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Venezuelan Finance Observatory

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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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…

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…