Venezuela Inflation Rate
The inflation rate in Venezuela was recorded at 60.90 percent in May of 2014. Inflation Rate in Venezuela averaged 27.04 Percent from 1973 until 2014, reaching an all time high of 115.18 Percent in September of 1996 and a record low of 3.22 Percent in February of 1973. Inflation Rate in Venezuela is reported by the Banco Central De Venezuela.
||1973 - 2014
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 provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.