The monthly inflation rate fell to 33.8 percent in April 2019 from 33.8 percent in the previous month, according to the Central Bank. It was the lowest monthly inflation rate since October 2017. Inflation Rate Mom in Venezuela averaged 15.62 percent from 2008 until 2019, reaching an all time high of 196.60 percent in January of 2019 and a record low of 0.80 percent in April of 2012.
Inflation Rate Mom in Venezuela is expected to be 100.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Venezuela to stand at 115.00 in 12 months time. In the long-term, the Venezuela Inflation Rate MoM is projected to trend around 70.00 percent in 2020, according to our econometric models.