BCV reported inflation of 71.8% during the first quarter of 2026
Venezuela accumulated inflation of 71.8% during the first three months of the year, according to official figures released by the BCV.
TL;DR
- Venezuela's official inflation reached 71.8% in the first quarter of 2026.
- March inflation was 13.1%, February 14.6%, and January 32.6%.
- Transportation costs rose by 15.6% in March.
- The dollar's official exchange rate increased by 57.2% in the first quarter, devaluing the bolívar by 36.4%.
- The minimum wage, frozen since March 2022, is now equivalent to $0.27 per month.
- Workers protesting for salary increases were blocked by police and dispersed with pepper spray.
- At least 10 journalists covering the protest were reportedly assaulted.
- An activist named Ort Betancourt Villamizar was detained.