Consumer prices in Venezuela rose 192 percent month-over-month in January of 2019, up from a 142 percent climb in December, according to estimates from Venezuela's opposition-led congress. It is the highest inflation rate since September. Inflation Rate Mom in Venezuela averaged 20.56 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 150.00 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 125.00 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.