Economy / Venezuela
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.
Taking On Inflation, But Is It Enough?
February 2007 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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.
After inflation reached 18.4% y-o-y in January, with most risks pointing to further upside potential, the Venezuelan government has announced a series of measures design to rein in the spiralling price growth. On the demand side, President Hugo Chávez plans to encourage saving (and thus dampen consumer spending) through higher interest rates in the banking sector. In addition, the finance ministry is expecting in Q107 to issue up to US$5bn in