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Venezuela prices soar as 2025 inflation tops IMF forecast and records

  • On Friday, the Venezuelan central bank reported full-year inflation in 2025 hit 475%, surpassing the IMF's forecast of 269.9%.
  • Tightened US sanctions and political upheaval ahead of Nicolas Maduro's ouster helped drive the 2025 inflation surge, while by 2024 inflation had fallen to 48% under policies credited to Delcy Rodriguez, acting leader.
  • Venezuelan households face soaring prices—food rose 532%, rent 340%, healthcare 445% last year—while incomes between $100 and $300 fail to cover basic needs, and Eduardo Sanchez said `This inflation is killing us`.
  • A diplomatic thaw promises the U.S. and Venezuelan governments will resume full ties and open the oil sector to private investment.
  • The Venezuelan central bank said accumulated inflation for the first two months of 2026 stood at nearly 52%, while Tamara Herrera expects inflation to fall to a little over 100% this year.
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Inflation in Venezuela, which reached 48% in 2024, jumped to 475% in 2025, according to the first official data released by the central bank since November 2024.

·Vilnius, Lithuania
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Lean Left

At the end of last year, economists estimated that Venezuela was at the threshold of hyperinflation, an episode that the Caribbean country had already experienced between 2017 and 2022.

·Paris, France
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France24 broke the news in France on Friday, March 6, 2026.
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