6 Feb 2020 CARACAS, Venezuela – Inflation reached almost 10,000% in crisis-hit Venezuela in 2019, according to official government statistics, a figure 5 Feb 2019 By 2018 inflation was an estimated 80,000%. It's difficult to say what the rate is now, but Bloomberg's Venezuelan Cafe Con Leche Index, Venezuela inflation rate for 2016 was 254.95%, a 133.21% increase from 2015. Venezuela inflation rate for 2015 was 121.74%, a 59.57% increase from 2014. 9 Oct 2018 Venezuela's inflation rate will reach 10 million percent next year, the International Monetary Fund (IMF) said on Tuesday in a report forecasting
Inflation, consumer prices (annual %) - Venezuela, RB. International Monetary Fund, International Financial Statistics and data files. License : CC BY-4.0. 29 May 2019 That means the size of Venezuela's economy was reduced by half in a span of five years. Price inflation is out of control in Venezuela. The
Due to Venezuela currently battling hyperinflation, the average inflation rate in Venezuela amounted to about 493.6 percent in 2017 compared to the previous year. After that year, there are only estimates to pinpoint inflation in the country, as Venezuela’s economy is collapsing. Venezuela's Inflation Rate Projected to Hit 10,000,000% in 2019. Inflation in Venezuela is projected to reach 10,000,000% next year, as the economy collapses and the government grows increasingly authoritarian. Inflation rate is projected to jump 10 million percent by 2019, based on estimates from the International Monetary Fund. The assembly forecasts that Venezuela would even hit 4.3 million percent by
On the other hand, nominal interest rates have remained very stable; but real rates (corrected for inflation) are heavily negative. In conjunction with the fall in 15 Feb 2019 Venezuela has been gripped by economic collapse and political crisis. with the IMF estimating that inflation will reach 10 million percent in 2019. per month (€ 10.00) using the 24 Dec 2019 relaxing currency controls that the country's dictator Nicolas Maduro had earlier resisted. Venezuela has the world's highest inflation rate,
20 Aug 2018 that Venezuela's inflation rate could exceed 1,000,000% this year. IMF economists are predicting that Venezuela's inflation rate could exceed 7 Dec 2018 Under the presidency of Rafael Caldera, Venezuela's last democratically-elected president, the average inflation rate from 1994 to 1996 was 21 Sep 2019 New reports by the National Assembly aren't helping much either in this regard. In August of 2019, Venezuela's inflation rate hit a high of 62.5%. It 13 Aug 2019 Crisis-hit Venezuela tops a list of countries with the highest levels of inflation, with a rate estimated at almost 300,000% in April. With the nation's Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods