The Daily Journal — Inflation in Venezuela reversed its slowdown in June, returning to double-digit monthly levels, according to figures from the National Consumer Price Index (NCPI). The index recorded a 13.8% increase in the sixth month of the year, more than double the 6.3% posted in May.
The rebound ended four consecutive months of moderating inflation and signaled a shift from the trend seen during the second quarter, when monthly price growth had declined steadily.
Official data show that inflation reached 32.6% in January, then slowed to 14.6% in February, 13.1% in March, 10.6% in April, and 6.3% in May before climbing again to 13.8% in June.
With this result, cumulative inflation for the first half of 2026 reached 129.82%, meaning the overall price level more than doubled during the year’s first six months.
On an annual basis, inflation stood at 544.13% at the end of June, underscoring the persistence of strong price pressures despite the moderation recorded during part of the semester.
The indicator’s performance coincided with mounting pressure on Venezuela’s economy following the June 24 earthquakes, which damaged parts of the country’s productive capacity and logistics infrastructure.
