Venezuelan Economist: “Inflation in the country could reach 100% by 2025”
Inflation in Venezuela has experienced a significant acceleration, according to the Venezuelan Finance Observatory. Prices increased by 12.8% in February 2025, reaching an annualized rate of 117%.
Venezuela has again entered a high inflation dynamic associated with the decline of real monetary balances, driven by an unfavorable macroeconomic scenario and a Central Bank incapable of containing the depreciation of the currency.” This was the recent conclusion of the Venezuelan Finance Observatory, after highlighting that the inflation rate in February 2025 recorded an acceleration marking a monthly price increase of 12.8% and annualized at 117%.
To delve into the details of the economic reality in which the country finds itself, Cointelegraph in Spanish spoke with the economist specialized in Corporate Finance and Director of Olmos Group Venezuela, Aaron Olmos, who stated that “any calculation or inflation projection towards the end of the year may fall short, but in principle, the view maintained by the VF Observatory is of an inflation that could possibly reach 100%.”
The Venezuelan economist suggested that “the projected trend of inflation for the year 2025, at least the one calculated by the Venezuelan Finance Observatory most recently, indicated that they placed it at 100%. That is to say, for the VF Observatory, Venezuelan inflation could return to triple digits. Everything will depend on how the national executive manages its situation with the legal reserve.”
I assume that everything happening with the American oil company Chevron, the oil licenses, the US and foreign companies operating in the country
#EEUU #venezuela #petróleo #dolar #MastertheMarket @Cointelegraph @Cointelegraph Turkiye @CoinDesk
