Economy/News
Venezuela's inflation slowed to 8.4% in September, reaching 225.3% year-to-date in 2026
The Central Bank of Venezuela reported a slight deceleration in price growth during the ninth month of the year, marking two consecutive months of single-digit monthly figures.
Venezuela's National Consumer Price Index rose by 8.4% in September 2026, marking a 0.5 percentage point deceleration from the 8.9% recorded in August, according to official figures released by the Central Bank of Venezuela.
With this monthly figure, cumulative inflation across the first nine months of 2026 stood at 225.3%. Consulted sources noted that this outcome marks the second consecutive month of single-digit price increases, following an acceleration in July when inflation reached 19.9% amid the disruption caused by the two earthquakes of June 24.
The monetary authority attributed this moderation to policy coordination with the national executive regarding monetary aggregates, combined with a narrower exchange-rate gap and the ongoing normalization of external financial flows entering the currency market.
The Central Bank of Venezuela serves as the country's monetary authority, holding the constitutional mandate to ensure monetary and price stability. As the governing body of the domestic financial system, it compiles official inflation statistics and manages liquidity policies in coordination with national economic authorities.
