Venezuela Inflation Rate

The inflation rate in Venezuela was recorded at 29.44 percent in April of 2013. Inflation Rate in Venezuela is reported by the Central Bank of Venezuela. Historically, from 1973 until 2013, Venezuela Inflation Rate averaged 26.37 Percent reaching an all time high of 115.18 Percent in September of 1996 and a record low of 3.22 Percent in January of 1973. 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. This page includes a chart with historical data for Venezuela Inflation Rate.