The BCV Updated the CPI: Venezuela Accumulates 51.9% Inflation in January and February
El Diario Venezuela - elDiario.com - The BCV Updated the CPI: Venezuela Accumulates 51.9% Inflation in January and February
TL;DR
- Venezuela's accumulated inflation for January and February 2026 reached 51.9%.
- February inflation was 14.6%, and January inflation was 32.6%.
- Food and non-alcoholic beverages were the most expensive in January, while communications saw the highest increase in February.
- The country has experienced 11 consecutive months of double-digit inflation.
- Experts link price increases to the rising dollar exchange rate, a consequence of hyperinflation from 2017-2021.
- The official dollar price increased by 38.4% in the first two months of 2026, leading to a 27.7% devaluation of the bolívar.
- The Venezuelan economy grew by 8.66% in 2025 compared to 2024.
- This marks the 19th consecutive quarter of economic growth for Venezuela.
- Venezuela calls for the full lifting of sanctions imposed by the United States.
- Formal diplomatic and consular relations between Venezuela and the US have been re-established after a seven-year rupture.