Señalan que datos de inflación de junio 2023 en Venezuela confirman “un rebrote inflacionario”
Hermes Pérez analyzes recent data from the Central Bank of Venezuela (BCV) that confirm a strong resurgence of inflation in Venezuela during 2023. The indicators show that prices have increased substantially compared to the previous year, reaching levels higher than those in developed economies. This price spiral is directly linked to an ultra-expansive monetary policy used to finance the government, which has led to a massive increase in liquidity and the monetary base. As an immediate consequence, there has been a significant decline in domestic consumption, affecting overall economic activity. This article is relevant to open data because it underscores the critical need to access accurate and timely public macroeconomic statistics. Only through the transparency of official data can the uncontrolled expansion of the money supply be detected early, and corrective measures demanded to stabilize the economy.
Source: descifrado.comPublished on 2023-07-11