Consumer prices in Venezuela rose 144 percent month-over-month in November of 2018, down from a 148 percent climb in October, according to estimates from Venezuela's opposition-led congress. It is the lowest inflation rate since July. Inflation Rate Mom in Venezuela averaged 18 percent from 2008 until 2018, reaching an all time high of 233 percent in September of 2018 and a record low of 0.80 percent in April of 2012.
Inflation Rate Mom in Venezuela is expected to be 240.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Venezuela to stand at 100.00 in 12 months time. In the long-term, the Venezuela Inflation Rate MoM is projected to trend around 80.00 percent in 2020, according to our econometric models.