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The Government of Venezuela Announces a New Scheme of “Agreed Prices”

Summary by El Pais
The Venezuelan Observatory of Finance – a monitor of opposition economists who offers reports on the national treasury that the state authorities do not want to provide – has reported that the consumer price index of May was placed at a worrying 26%. The inflationary fire has increased and again gains more and more ground in Venezuela, a country that had come to have a consumer price index of just 2% in July last year, after the hyperinflationar…

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The Venezuelan Observatory of Finance – a monitor of opposition economists who offers reports on the national treasury that the state authorities do not want to provide – has reported that the consumer price index of May was placed at a worrying 26%. The inflationary fire has increased and again gains more and more ground in Venezuela, a country that had come to have a consumer price index of just 2% in July last year, after the hyperinflationar…

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The Venezuelan economy continues to face significant challenges, evidenced by the persistence of the parallel exchange market and the growing adoption of the euro as a reference currency in commercial transactions. Economic analysts warn that these phenomena are symptoms of deep instability and devaluation of the bolívar.In early June, economist and university professor José Guerra [...] Entry The persistent parallel market in Venezuela and the …

Venezuela closed May with an oil production of 1 million 66,000 barrels per day, 15,000 barrels more than in the previous month, according to the official information of the national government registered in the report, corresponding to June, of the Organization of Petroleum Exporting Countries (OPEC). The extraction of crude oil in the country has been [...] Entry Venezuela produced 1 million 66,000 barrels per day of crude oil in May, accordin…

The Venezuelan Observatory of Finance – a monitor of opposition economists who offers reports on the national treasury that the state authorities do not want to provide – has reported that the consumer price index of May was placed at a worrying 26%. The inflationary fire has increased and again gains more and more ground in Venezuela, a country that had come to have a consumer price index of just 2% in July last year, after the hyperinflationar…

The Venezuelan Observatory of Finance (OVF) rejected the "persecution, harassment and criminalization" of professionals who collect economic data in Venezuela. In a statement, the OVF stressed that these experts, essential for evidence-based public policies, face attacks that violate democracy. "The truth is that this repression, like a dark veil, hides the economic reality of the country." The OVF clarified that the recently detained people do …

On Friday, the Venezuelan Observatory of Finance (OVF) expressed its rejection of the persecution, harassment and criminalization of people "dedicated to the collection, analysis and dissemination of relevant statistical data to understand the economic situation of Venezuela." Through a statement on its social networks, this NGO led by economist José Guerra stressed that the work of these professionals is fundamental to the formulation of public…

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Diario La Verdad broke the news in on Saturday, June 14, 2025.
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