Venezuela inflation rate slows to 10.6 percent in April
The central bank reported that consumer price growth slowed from 13.1 percent in March. Acting president Luis Perez expects single-digit inflation for May.
Xurve View
Xurve View
Venezuela consumer price inflation eased to 10.6% in April, down from 13.1% in March. While monthly figures cooled, annualized inflation remains at 611.86% with year-to-date price growth reaching 90%. Investors are monitoring these cooling trends as the nation re-engages with the International Monetary Fund (IMF) after a long hiatus.
