Venezuela Inflation Rate MoM
Venezuela's month-on-month inflation rate reached 18.4% in April 2025, up from 13.1% in March 2025. This is the highest rate since February 2023. The increase was driven by the monetization of the fiscal deficit, a 300% rise in Central Bank financing to PDVSA, the bolívar's devaluation and a 25% increase in the dollar's price. Reimposed U.S. sanctions on the oil industry and falling oil production also worsened inflation. Venezuela's record low inflation mom was 0.7% in July 2024 and record high was 196.6% in January 2019.
Monthly Historical Data (2015-2025)
(in %)Venezuela Inflation Rate MoM : Definition
Venezuela's Month-over-Month (MoM) inflation rate measures the percentage change in the national Consumer Price Index (CPI) from one month to the next. It is calculated by dividing the current month's CPI by the previous month's CPI, subtracting one and multiplying by 100. This shows the monthly pace of price increases in the Venezuelan economy.