Core consumer prices in Venezuela increased 60.30 percent in December of 2013 over the same month in the previous year. Core Inflation Rate in Venezuela averaged 30.44 percent from 2008 until 2013, reaching an all time high of 60.90 percent in November of 2013 and a record low of 20.20 percent in October of 2012. source: Banco Central De Venezuela
Core Inflation Rate in Venezuela is expected to be 2800000.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Venezuela to stand at 3700000.00 in 12 months time. In the long-term, the Venezuela Core Inflation Rate is projected to trend around 1200000.00 percent in 2020, according to our econometric models.