Saturday 18 September 2021

Venezuela Inflation records the highest jump since 1996

Paying the bills

Latest

What are we celebrating?

QCOSTARICA - From the gallows humor department is the...

Sala IV rejects covid patient’s claim for Caja to pay the cost of a private hospital

QCOSTARICA - A claim made by a family against...

Finally, migrant population in Costa Rica will be vaccinated against covid-19

QCOSTARICA - After complaints raised by migrants because they...

Costa Rica is the Main Exporter of Palm Oil in 2020

QCOSTARICA - In 2020, Costa Rica was the largest...

Uruguay considers allowing tourists to buy marijuana

Q24N - The first country in the world to...

Today’s Vehicle Restriction September 18: “ODD” ending plates CANNOT circulate

QCOSTARICA - Starting today, September 18, we go back...

500 Intel drones illuminated the night of celebration of the Bicentennial of Costa Rica

QCOSTARICA - During the celebration of the Bicentennial of...
Paying the bills

Share

Prices went up 5.7% in April and May

TODAY VENEZUELA – Inflation in January-May hit 23%, according to the figures of the Central Bank of Venezuela. This is the highest increase during such period since 1996, even though the government of Nicolás Maduro keeps price regulations in place for a large number of goods and services.

13913844_copia.520.360Prices went up 5.7% in April and May. Therefore, inflation in the last 12 months averages 60.9% and there is no sign of prices going down in the absence of good news on demand, supply, and foreign currency performance.

In January-May, the price of food and non-alcoholic beverages soared 29.6%; household goods 13.4%; apparel and footwear 15.2%; and health care 17.8%.

- Advertisement -

Meanwhile, the central bank reckons inflation is not economically driven. In its report, it states, “April-May were affected by political conflicts taking place in several main cities of the country, which somehow compromised production, distribution, and trade of consumption goods and services.”

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

What are we celebrating?

QCOSTARICA - From the gallows humor department is the following meme...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.