In 2024, Venezuela faced a difficult situation. The country’s yearly inflation rate reached a staggering 85%, a significant increase from the already concerning rises before September of that year.

As global economy recovers from Covid-19, there are several countries experiencing soaring inflation. We explore the most ...

Inflation in Venezuela for October of 2021 was 8.1% ... burning international reserves to keep the exchange rate without significant fluctuations,” the Observatory said. The price of the ...

CARACAS, Jan 15 (Reuters) - Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly ...

EFE/Rayner Peña R Last March Venezuela recorded inflation of 10.5%, which brings the cumulative inflation rate of 17.8% for the year, reported on Monday the Venezuelan Finance Observatory (OVF ...

Venezuela Inflation Was 48% Year-On-Year in 2024, Maduro Tells Lawmakers CARACAS (Reuters) - Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas ...

Inflation was 189.8% in 2023, according to the central bank. Maduro said this month that the economy grew 9% last year. (Reporting by Julia Symmes Cobb and Vivian Sequera) ...

"It was necessary to leave behind the consequences of a history of high inflation," Central ... during the transition. Venezuela has had a fixed exchange rate since February 2003, when Chavez ...

CARACAS (Reuters) - Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other ...

Mérida, January 3 rd 2011 (Venezuelanalysis.com) – The Venezuelan government eliminated the preferential exchange rate of 2.6 bolivars per dollar on January 1 following a report by the Central Bank of ...

Unchecked inflation can topple a country’s economy, as it did in 2018 when Venezuela’s inflation rate hit more than 1,000,000 per cent a month. This caused the economy to collapse and forced ...