Macroeconomic Forecast Venezuela

July 2008 | Macroeconomic Forecasts

We argued in June that the macroeconomic distortions in Venezuela, in particular price controls, meant that the inflation climate was likely to deteriorate before it improved. With headline consumer price inflation (CPI) reaching 32.2% y-o-y in June, this view appears to be playing out and we believe it will continue to do so.

If you would like to subscribe to Andean Group Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Andean Group Monitor please click on the trial link below.