Brief
Cedice Libertad’s Public Spending Observatory estimated monthly inflation at 13.5% in July and valued the basic consumption basket at $885. Its inflation reading was 6.4 percentage points below the 19.9% rate reported by the Central Bank of Venezuela for the same period. The divergence between the independent estimate and the official figure leaves two sharply different measures of the month’s price increase, although both indicate substantial inflation.
A double-digit monthly price increase under either estimate indicates that inflation remains a major obstacle to Venezuela’s recovery and reliable business planning. The 6.4-point gap complicates assessments of real revenues and consumer demand, while the $885 basket provides a concrete benchmark for household purchasing requirements.
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Official vs parallel FX, trust gap, inflation, and consumer basket proxies — weekly, with extra editions when news volume warrants.
Banking · TalCual
Aug 15, 2026
Watch Cedice’s and the central bank’s next monthly inflation readings to see whether the 6.4-point gap narrows, as well as any further change in Cedice’s dollar estimate for the basic basket.