The annual variation rate of the CPI in Venezuela in May of 2023 was 429.2%, 71 tenths less than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 5.1%, and thus the accumulated inflation in 2023 is 96.3%
We must highlight the increase of 13.1% in the prices of Communication, until its interannual rate reached 1,107%, which is in contrast to the decrease in the prices of Housing, water, electricity, gas and other fuels of 2.3%, and an interannual variation of 322.6%.
In this page we show you the progression of the CPI in Venezuela. You can see the inflation in other countries in CPI and see all the information about Venezuela in Venezuela's economy