Inflation Rate in Venezuela decreased to 51.40 percent in June from 59.20 percent in May of 2024. Inflation Rate in Venezuela averaged 3577.12 percent from 1973 until 2024, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. source: Banco Central De Venezuela

Inflation Rate in Venezuela is expected to be 50.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Inflation Rate is projected to trend around 160.00 percent in 2025, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 27366064.71 27162536.87 million points Jul 2024
CPI Transportation 29575526801.80 29439175227.63 thousand points Jun 2024
Food Inflation 41.40 47.90 percent Jul 2024
Inflation Rate 43.60 51.40 percent Jul 2024
Inflation Rate MoM 0.70 1.00 percent Jul 2024

Venezuela Inflation Rate
In Venezuela, the main components of the consumer price index are: Food and Noon-Alcoholic Beverages (32.2 percent of the total weight); Transports (10.8 percent) and House Rental (9.8 percent). Restaurants and Hotels account for 8.8 percent; Clothing and Footwear for 7.2 percent; Miscellaneous Goods and Services for 5.8 percent and Household Equipment for 5.6 percent. Others include: Health Care (4.3 percent); Communications (3.8 percent); Leisure and Culture (3.6 percent); Alcoholic Beverages and Tobacco (3 percent); Education (2.7 percent) and Household Services (2.3 percent). The national index has a base of 100 as of December 2007. The CPI covers 10 metropolitan areas, plus 74 other localities in the rest of the country.
Actual Previous Highest Lowest Dates Unit Frequency
43.60 51.40 344509.50 3.22 1973 - 2024 percent Monthly
2007=100