LatinNews Daily - 14 August 2023

In brief: Venezuela’s monthly inflation stable, according to official figures

* Venezuela’s central bank (BCV) has released its latest consumer price index, which put monthly inflation in July at 6.2% – unchanged from the BCV’s monthly inflation figure for June, and down from 7.5% in July 2022. The BCV does not provide annual inflation figures, but the year-on-year rate for July was estimated by the independent economic think tank Observatorio Venezolano de Finanzas (OVF) to be 439%, up from 429% in June, with the OVF putting monthly inflation in July at 7.2%, down from 8.5% the previous month.

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