News Venezuela Financial analytics: Venezuela's inflation slows down to lowest in almost a decade
Venezuela's inflation slowed down further to reach 1.4% in March, its lowest level in almost a decade, according to figures reported on Wednesday by the Central Bank. The South American country's price index, which rose 2.9% in February, is showing a slower increase since President Nicolas Maduro's government began easing foreign exchange controls to allow a wider circulation of hard currency, leading to more stable prices. The accumulated increase of prices in the last 12 months reached 284.4% at the end of March, while inflation in the first quarter was 11.4%, according to Reuters calculations based on official data, showing rising prices are still among the main problems affecting many families in the country.
News Venezuela Financial analytics: Venezuela: Oil Output Remains Steady as PDVSA Prepares for Potential US Sanctions Relief
Caracas, Venezuela, April 14, 2022 (venezuelanalysis.com) – Venezuela's oil production continues on a steady uptrend amidst ongoing uncertainty concerning US sanctions relief. The Organization of ...
News Venezuela Financial analytics: Venezuela: Inflation Lowest in Decade as Credit Suisse Forecasts 20 Percent Growth
Credit Suisse likewise upped its 2023 GDP growth forecast from 3 to 8 percent. The financial institution based its prediction on the expectation that Venezuela’s oil production will grow by more than ...
News Venezuela Financial analytics: Lessons from Venezuela
Consequently, Washington’s foreign, diplomatic, economic, and financial policies are no longer ... was the cornerstone of a socialist revolution! Venezuela’s revolution does include the analysis of ...
News Venezuela Financial analytics: The Commodities Feed: US Fed pressure weighs on the commodities complex
Venezuela and Libya, who are not part of the OPEC+ output ... Stay up to date with all of ING’s latest economic and financial analysis.
