Inflation Rate in Venezuela decreased to 114.10 percent in August from 137120 percent in July of 2022. source: Banco Central De Venezuela

Inflation Rate in Venezuela averaged 3711.88 percent from 1973 until 2022, 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. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Inflation Rate in Venezuela is expected to be 200.00 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 150.00 percent in 2023, according to our econometric models.

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Venezuela Inflation Rate



Related Last Previous Unit Reference
Inflation Rate 114.10 137.10 percent Aug 2022
Inflation Rate MoM 8.20 7.50 percent Aug 2022
Consumer Price Index CPI 4137433.04 3825157.52 million points Aug 2022
Core Inflation Rate 60.30 60.90 percent Dec 2013
Core Consumer Prices 594.30 582.30 points Dec 2013
Food Inflation 131.40 146.10 percent Jul 2022
CPI Transportation 4452550770.10 4235474683.12 thousand points Aug 2022

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
114.10 137.10 344509.50 3.22 1973 - 2022 percent Monthly
2007=100