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Venezuela’s inflation crisis worsened in March 2025, with consumer prices surging 13.1% in a single month, according to the Venezuelan Finance Observatory, an independent monitoring group.
Inflation in Venezuela for October of 2021 was 8.1%, for a YoY record of 1,258%, according to a report from the Venezuelan Observatory of Finance (OVF) released Monday. After Monday's data ...
Economist Pedro Palma said Venezuela's inflation rate could be between 180% and 200%. He warned that people will cut spending because salaries will not keep up with inflation and some could even ...
Some Venezuelan critics, meanwhile, have dubbed the new currency the "weak bolivar," noting its predecessor, the bolivar, has seen its purchasing power suffer in an economy where inflation ran ...
Economist Pedro Palma said Venezuela’s inflation rate could be between 180% and 200%. He warned that people will cut spending because salaries will not keep up with inflation and some could even ...
MARACAIBO, Venezuela — Erick Ojeda has no money. He returned to land almost empty-handed from an overnight trip fishing for shrimp. His sister and her newborn are waiting for him to pick them up ...