Consumer prices in Venezuela rose 18.1 percent month-over-month in March of 2019, easing markedly from a 53.7 percent climb in February, according to estimates from Venezuela's opposition-led congress. It is the lowest monthly inflation rate since December 2015, as activity almost stalled in March due to power blackouts and money supply also rose at a slower pace. Inflation Rate Mom in Venezuela averaged 20.82 percent from 2008 until 2019, 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 125.00 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 110.00 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.