economy
May 5, 2026
BCV reported a slight drop in monthly inflation in April: it stood at 10.6%
The BCV reported that monthly inflation in Venezuela decreased to 10.6% in April, after several months of increases. Accumulated inflation in 2026 is close to 90% and year-on-year inflation exceeds 600%.
TL;DR
- Monthly inflation in Venezuela was 10.6% in April, down 2.5 percentage points from March.
- Year-on-year inflation for April 2026 reached 611.86%.
- Accumulated inflation for 2026 stands at 89.9%.
- The BCV expects inflation to be in the single digits starting in May.
- The increase in the dollar's exchange rate is cited as a primary cause of price hikes.
- The minimum integral income was increased to $240 monthly, while the minimum wage remains frozen.
- Bonuses, not salary increases, will be used for the income boost to avoid additional inflationary pressure.