Official economic decisions are beginning to yield results in record time
The Central Bank of Venezuela reported single-digit inflation at the end of May 2026, the lowest inflation rate in the last 19 months
It is a fact that official economic decisions are beginning to yield positive results, and this is happening in record time. The Central Bank of Venezuela reported single-digit inflation at the end of May 2026, the lowest inflation rate in the last 19 months.
The publication on the BCV’s official website also notes that the National Consumer Price Index (INPC) registered a month-on-month variation of 6.3 %, adding that “With this marked downward trend, we are entering a path of deceleration for 2026.”
The economic decisions made by President (E) Delcy Rodríguez have been firm so far in 2026. First, the restructuring of the economic team, appointing Calixto Ortega Sánchez as vice president of the area and then the economist Luis Pérez as president of the Central Bank of Venezuela. In addition, there is the call for the restructuring of the external debt and the reintegration of Venezuela into international organizations, such as the World Bank and the IMF, which adds transparency to the process.
This has led to and made possible a series of economic successes, including GDP growth in the first quarter of the year, as well as reaching single-digit inflation in May.
Finally, the Central Bank president had already warned of this, stating, “We are going to have single-digit inflation and a significant slowdown for the rest of the year,” which, according to economic analysts, is a major achievement after only a month in office.
The economic plan focuses primarily on the recovery of the oil and mining industries, which will guarantee economic growth, and secondly on strengthening a more efficient exchange rate system to ensure inflation control and investment in capital goods.
Ultimately, the recovery plan aims for a long period of economic growth with moderate inflation.
By: Lorena Mavárez
Reference images: Archive
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