Transparency

Changelog

What changed — data updates are captured automatically every day; product updates come from every shipped PR.

Methodology & data-model changes

Disclaimers: when the index calculation or its inputs change, it's marked here and on the index chart.

Aug 10, 2026methodologyOil basket constituent updateRemoved oil-production-kbd: latest 2026-05 period was 71 days stale and correlated r=0.951 with oil-rigs-count across 129 overlapping months; history remains published; oil-rigs-count is sole Oil constituent; panel audit passes.
Aug 9, 2026methodologyVCI panel v1.1 → v1.2The index basket changed from ten declared constituents to seven, and the published level moved from 405.94 (3-month smoothed 405.14) to 273.52 (smoothed 276.07). This is a correction to the basket, not a decline in the economy: the same underlying observations produce a different level because a different, smaller set of series now defines recovery. Removed: fx-trust-gap-pct (its measured leg p2p-usdt-ves is written by two collectors, one of them class C, so the derived series cannot clear the panel's A/B source bar -- it remains published as the flagship Ground Truth reading); bank-credit-ves-bn (r=0.925 with bank-deposits-ves-bn over 58 months); new-vehicle-sales and commercial-vehicle-sales (r=0.934 over 30 months), replaced by their derived sum total-vehicle-sales so the segment split is not counted twice. Three engine defects were fixed in the same change, and they are the reason the previous level was overstated. MIN_PANEL_MONTHS applied a months-based depth bar to series of any cadence, so the annual Trade constituent was silently dropped and the pillar rendered empty. The Production pillar was dark because its two series carried a null pillar in the database. coveragePct divided by the constituents that survived construction rather than the constituents declared, so the site reported 100% coverage while three of ten were missing and two of five pillars were empty. All five pillars now carry a value for the first time. Median absolute month-over-month change fell from 3.56% to 3.02%, and the cumulative splice factor from 1.573x to 1.173x. Every constituent clears pnpm db:audit-panel, which passed for the first time on this change.
Aug 7, 2026methodologyDaily history reconstructedDaily series back to Jan 1 2026 computed as-of from observation history; monthly series held flat between releases
Aug 7, 2026methodologyTrust gap addedFX trust gap (P2P vs official) joined the monetary pillar, sign-flipped
Aug 6, 2026methodologyVCIx launchIndex live: Neon + collectors + daily digest
Aug 6, 2026dataFX history correctedLive DolarFlow/bcv.today rates replaced demo series
Jun 1, 2026eventMaiquetía earthquakeJune 2026 quake closed Maiquetía (CCS) airport and damaged power/transport infrastructure — mobility and electricity series carry the shock.

Data updates

Automatic — captured from the pipeline daily.

Oct 2, 2026
7 observations · 14 events · digest sent
Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, official-fx-usdves, p2p-fx-spread-pct, p2p-usdt-ves-binance
- Venezuela’s Power Crisis Deepens as Generation Deficit Reaches 3,000 MW
- Trump Calls Venezuelan Elections Premature as IMF Prepares to Open Office
- Halliburton Moves Toward Venezuelan Oil-Sector Return Amid Litigation and Hiring
- Venezuela Starts Payments of Bs. 172,000 Co-responsibility and Training Bonus
Oct 1, 2026
43 observations · 24 events · digest sent
Metrics: bvc-breadth-pct, bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl
- IMF Confirms Plans to Open Caracas Office
- Movistar Updates Mobile Data Plan Prices for October 2026
- Venezuelan Oil Exports Fell 9% in September as Freight Costs Rose
- IMF Prepares to Open an Office in Venezuela
Sep 30, 2026
41 observations · 25 events · digest sent
Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr
- Venezuela Blames Earthquakes, Sanctions, Economic Growth and Heat for Power Cuts

Product updates

Generated from shipped PRs at build time (Sep 28, 2026).

fix
Version-bound digest health after timeout repair
Sep 28, 2026 · PR #99
feature
Bound daily digest Azure retries
Sep 28, 2026 · PR #98
infra
Verify VCIx alert-noise deployment
Sep 27, 2026
infra
Record VCIx alert-noise release
Sep 27, 2026
infra
Reduce transient VCIx pipeline alerts
Sep 27, 2026 · PR #97
feature
Add UnoPago-inspired monitor roadmap
Sep 14, 2026
infra
Record VCIx email-error recovery release

September Professional Responsibility Bonus Paid to Workers in Strategic Sectors

La Guaira Property Sales and Rentals Fall by Up to 60%

Urban Transit Fare to Rise to Bs. 220 on October 1

Sep 29, 2026

46 observations · 25 events · digest sent

Metrics: bank-credit-usd-bn, bank-credit-ves-bn, bank-credit-yoy-pct, bank-deposits-usd-bn, bank-deposits-ves-bn, bank-deposits-yoy-pct

Environmental Group Reports Oil Spills Across Six Municipalities in Zulia
Lengthy Power Outages Spark Nighttime Protests in Cojedes and Monagas
Venezuela’s Conatel Calls for Web Access to Be Restored but Gives No Details
Business Group Says Half of La Guaira’s Commerce Is Paralyzed After Earthquakes

Sep 28, 2026

43 observations · 11 events

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuelan Brand Zoah Launches Locally Made Hair-Care Range
OFAC Issues New Licenses Expanding Oil Operations in Venezuela
Delcy Rodríguez Hands Over 181 Homes to Earthquake-Affected Families
Earthquakes Halt More Than Half of Commercial Activity in La Guaira, Chamber Says

Sep 27, 2026

10 observations · 12 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Transformer Installed After Weeklong Power Outage in Brisas del Sur
Power Outage Hits Unare After Powerful Explosion
Conatel Orders Web Access Restored but Leaves Platforms and Timing Unclear
Rehabilitation Set to Begin on Los Aceiticos Bridge

Sep 26, 2026

10 observations · 13 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Lara Communities Protest Electricity Rationing, Seek Technical Response
Venezuela Says Pork Industry Could Grow 15.3% This Year
Venezuela’s Conatel Tells Internet Providers to Enable Access to Web Platforms
Lara Residents Protest Prolonged Power Cuts and Appeal to Trump

Sep 25, 2026

41 observations · 25 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuela’s Official Exchange Rate Set at 857.0058 Bolívares per Dollar for September 28
La Guaira Governor Says 75% of State Commerce Has Reopened After Earthquakes
Catia La Mar Businesses Report Total Losses After Earthquakes
BCV Sets Reference Exchange Rate at 857 Bolívares per Dollar for September 28

Sep 24, 2026

41 observations · 17 events

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Three Months After Venezuela’s Earthquakes, Communities Still Lack Safe Water and Schools
Heavy Rain Triggers Flooding, Fallen Trees and Power Outages Across Caracas
Venezuela Sets Official Exchange Rate at Bs 855.6625 per Dollar for September 25
Power Outage Affects UCAB Guayana

Sep 23, 2026

41 observations · 13 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuela’s ANSA Reports 98% Shelf Availability and 91 Store Openings or Renovations
Táchira Aqueduct Pipeline Explosion Injures Two and Damages Nearby Properties
Bolívar Producers Warn of Four-Month Halt in Diesel Deliveries
Major Power Fluctuations Hit Caracas and Several Venezuelan States

Sep 22, 2026

47 observations · 16 events · digest sent

Metrics: bank-credit-usd-bn, bank-credit-ves-bn, bank-credit-yoy-pct, bank-deposits-usd-bn, bank-deposits-ves-bn, bank-deposits-yoy-pct

U.S. Firm Miyamoto International Begins Debris Removal in La Guaira
Polar Launches Program to Help Create 1,000 Venezuelan Companies
IMF Plans to Open Caracas Office in First Half of 2027
IMF Plans to Open Caracas Office in First Half of 2027

Sep 21, 2026

41 observations · 14 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Power Fluctuations Persist in Guaiparo
Venezuela’s Patria Bonuses Available September 21–26
BCV Sets Official Exchange Rate at Bs852.41 per Dollar for September 22
Halliburton Signs Energy Project Agreements with Eneva and Wesca in Venezuela

Sep 20, 2026

10 observations · 16 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Power Cuts Reach Eight Hours in at Least 11 Venezuelan States After Record Demand Peak
Heavy Rains Flood Parts of Zulia as Drainage Systems Fail
Fedenaga Unveils Statistical Unit to Support Livestock Planning
Power Outages Hit Mini Finca and Guaiparo

Sep 19, 2026

10 observations · 13 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Sewage Overflows and Open-Air Dump Threaten Families in Lara Community
Authorities Seek Those Responsible for Improvised Gas-Line Installation After Guatire Explosion
Power Cuts of Up to Seven Hours Hit 90% of Guárico’s Cereal Industry
Venezuela’s Electricity Demand Hits Nine-Year High, Government Says

Sep 18, 2026

39 observations · 15 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Fuel Lines Stretch Beyond an Hour in Puerto Ordaz
Coposa Forecasts 25% Growth in Edible Oil Production and Sales
Power and Water Failures Push Nearly 500,000 Venezuelans Out of Work, Study Finds
Venezuela’s Power System Faces 3,900 MW Shortfall

Sep 17, 2026

40 observations · 23 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuela’s Official Exchange Rate Rises 0.13% to 848.5458 Bolivars per Dollar
Venezuela Plans First U.S. Aluminum Shipment Under Mercuria and Heeney Deals
Citgo Share Protections Extended as Parent-Company Transactions Remain Blocked
Trump-Linked Continental Wins Major Venezuela Oil Concession as ExxonMobil Weighs Return

Sep 16, 2026

44 observations · 31 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuela Extends Academic Bonuses of Up to $250 to Contract Professors
Táchira Customs Brokers Say Streamlined Procedures Will Cut Cross-Border Trade Costs
U.S. Firms Sign Deals for Venezuelan Gold Mine and Oil Block
Heeney Capital Signs Deal to Operate Choco Mine and Export Venezuelan Gold

Sep 15, 2026

47 observations · 27 events · digest sent

Metrics: bank-credit-usd-bn, bank-credit-ves-bn, bank-credit-yoy-pct, bank-deposits-usd-bn, bank-deposits-ves-bn, bank-deposits-yoy-pct

Venezuelan Banks’ Loan Portfolio Grows 55.87% Through August 2026
Venezuela Begins September’s $150 Income-Support Payment for Public Workers
Venezuela Raises Income Payment for Active Public-Sector Workers
Venezuela and Japan Sign Bionic Prosthetics Technology Agreement

Sep 14, 2026

14 observations · 13 events · digest sent

Metrics: bvc-close-cie, bvc-close-imp-b, farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct

Earthquake Damage and Low Turnout Disrupt Caracas School Reopening
Delcy Rodríguez Says 1,500 Venezuelan Schools Will Be Refurbished in 2026
US Eases PDVSA Sanctions Under Revised Terms for Venezuela Operations
CLX Group Moves to Strengthen MultiMax Warranty Service Nationwide

Sep 13, 2026

10 observations · 7 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Turimiquire Water Pumping to Sucre and Nueva Esparta Resumes After Seven-Month Outage
Long Gasoline Lines Reported at Service Stations on Sunday
Hidrobolívar Completes Pipeline Repairs on Vía Brasil
Venezuelan Universities Add Earthquake-Resistant Construction to Engineering Curricula

Sep 12, 2026

10 observations · 11 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, fx-trust-gap-pct, official-fx-usdves, p2p-fx-spread-pct

Rehabilitation Work Advances at Venezuela’s Termocarabobo Power Plant
Las Teodokildas Residents Endure 11 Days Without Power
ANSA Reports 78 New Supermarkets Across Venezuela
Zoom Anticipates Rebound in Venezuelans’ Overseas Shopping for Black Friday and Christmas

Sep 11, 2026

41 observations · 33 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Strong Winds Trigger Power Outages and Topple Trees in Guayana
Bosco Community to Gain Miner Services Office and Secondary School
Chevron to Fund Venezuela Investment Through Its Three Joint Ventures
Chevron Plans to Fund $7 Billion Venezuela Expansion From Existing Operations

Sep 10, 2026

41 observations · 26 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Trump Says Venezuela Oil Deal Would Give US 500 Years of Reserves
Alejandro Betancourt’s Nabep Targets 150% Oil Output Increase by 2028
Venezuelan Oil Output Reached 1.2 Million Barrels a Day in August, OPEC Says
First Commercial Charter Reopens Venezuela-Aruba Air Route

Sep 9, 2026

40 observations · 32 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Sunaval Approves Venezuelan Ceramics Maker’s 2026 Commercial Paper Offering
Vencerámica’s 2026-I Commercial Paper Issuance Assessed
Vencerámica Unveils 2026-I Bearer Commercial Paper Issue
Caracas Stock Exchange Turnover Tops $200 Million in August 2026

Sep 8, 2026

119 observations · 24 events · digest sent

Metrics: bank-credit-usd-bn, bank-credit-ves-bn, bank-credit-yoy-pct, bank-deposits-usd-bn, bank-deposits-ves-bn, bank-deposits-yoy-pct

Caracas Residents Protest Power Outages in La Candelaria
Favenpa Says 40 New Vehicle Brands Have Entered Venezuela
Why Did PDVSA Award 17 Oil Fields to NABEP Without a Public Tender?
UNICEF and Venezuelan Authorities Plan Water-System Repairs in La Guaira

Sep 7, 2026

38 observations · 11 events

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

New US–Venezuela Oil Deal Raises Questions of a Return to Gómez-Era Politics
Villa Bahía Residents Report Persistent Power Outages
Government to Demolish 39 Buildings Damaged by Earthquakes
Tucacas Residents Block Morón–Coro Highway Over Water and Power Failures

Sep 6, 2026

7 observations · 15 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, official-fx-usdves, p2p-fx-spread-pct, p2p-usdt-ves-binance

Daniella Cabello Says Investor Guarantees Are Drawing Funds to Venezuela’s Tourism Sector
Venezuela Says Oil Agreements With China and Russia Remain in Place
Barquisimeto Residents March Against Power Outages
Bloomberg: Venezuela Among the Biggest Drivers of Oil Output in 2026

Sep 5, 2026

8 observations · 30 events · digest sent

Metrics: farmatodo-basket-ves, flight-mia-ccs-usd, fx-daily-depreciation-pct, official-fx-usdves, oil-rigs-count, p2p-fx-spread-pct

Power Fluctuations Reported in Caracas and Several Venezuelan States
PDVSA Expects New Agreements to Lift Oil Production
Power Outage Reported in Guaiparo
Miyamoto to Coordinate Removal of Three Million Tonnes of Debris in La Guaira

Sep 4, 2026

38 observations · 41 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Vetra Resources to Take Over Venezuela’s Bare Block as Gilinski Expands Its Footprint
Bolívar State Finalizes Plan to Address Water-Service Failures
Delcy Rodríguez Signs 25-Year Orinoco Oil Deal With Gilinski Group
Venezuela’s Central Bank Reports 8.9% Inflation for August

Sep 3, 2026

39 observations · 37 events · digest sent

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

CAF and TECHO Partner to Rebuild Venezuelan Housing After Earthquakes
Venezuela Collects More Than $1 Billion in Taxes in August
Venezuela Signs New Energy Concessions as Rodríguez and US Energy Secretary Back Oil Deal
U.S. Calls Venezuela Oil Deal a ‘Win-Win’

Sep 2, 2026

30 observations · 45 events

Metrics: bvc-close-abc-a, bvc-close-bnc, bvc-close-bpv, bvc-close-bvcc, bvc-close-bvl, bvc-close-ccr

Venezuela Signs Eight Oil and Power-Grid Recovery Agreements as Washington Watches
OFAC Clears New Mining Transactions in Venezuela, Including Gold
Venezuela’s Official Exchange Rate Climbs to Bs 804.8109 per Dollar
Venezuela Signs New Agreements with Chevron and Eni

fix

Fix VCIx email-alert runtime failures

Sep 9, 2026

fix

Release PortWatch lag repair

Sep 8, 2026

feature

Handle delayed PortWatch month completion

Sep 8, 2026

feature

Treat partial PortWatch release as pending

Sep 8, 2026

fix

Claim PortWatch publication lag repair

Sep 8, 2026

feature

Release core index freshness recovery

Sep 8, 2026

fix

Record completed core freshness repair

Sep 8, 2026

feature

Keep BCV core refresh independent of optional lineage

Sep 8, 2026

feature

Record core freshness recovery

Sep 8, 2026

feature

Pin monthly research test clock

Sep 8, 2026

feature

Handle scheduled USDT date defaults

Sep 8, 2026

feature

Decouple core banking refresh from optional USD views

Sep 8, 2026

feature

Recover USDT daily source continuity

Sep 8, 2026

feature

Claim core index freshness recovery

Sep 8, 2026

data

Release real Yummy collector lane

Aug 29, 2026

data

Record Yummy collector release

Aug 29, 2026

data

Ship configurable Yummy aggregate collector

Aug 29, 2026

data

Claim real Yummy collector lane

Aug 29, 2026

data

Release partner API metric contract lane

Aug 29, 2026

data

Record partner API metric contract release

Aug 29, 2026

data

Add fail-closed partner API metric contract

Aug 29, 2026

data

Claim partner API metric contract lane

Aug 29, 2026

feature

Record SparkArea chart date release

Aug 29, 2026

feature

Show day-level dates on SparkArea charts

Aug 29, 2026

fix

Claim SparkArea date label repair

Aug 29, 2026

fix

Record Farmatodo chart date repair release

Aug 28, 2026

data

Show day-level dates on dense metric charts

Aug 28, 2026

fix

Claim Farmatodo chart date label repair

Aug 28, 2026

feature

Record digest health cleanup and daytime cadence release

Aug 26, 2026

fix

Fix digest health and daytime news cadence

Aug 26, 2026

feature

Record fresh news production evidence

Aug 26, 2026

feature

Retire production-blocked news feeds

Aug 26, 2026

feature

Add fresher source-backed news feeds

Aug 26, 2026

infra

Parallelize the CI verification gate

Aug 26, 2026

fix

Record digest deployment and source repair release gates

Aug 26, 2026

feature

Keep grounded digest editions when optional cards fail

Aug 26, 2026

feature

Document source revision recovery evidence

Aug 26, 2026

data

Record production database quota release blocker

Aug 26, 2026

data

Render honest homepage state when index data is unavailable

Aug 26, 2026

data

Keep public index reads read-only on database failure

Aug 26, 2026

feature

Record digest recovery release

Aug 18, 2026

feature

Version digest health after recovery

Aug 18, 2026

feature

Claim digest health boundary recovery lane

Aug 18, 2026

feature

Park newsletter release on natural digest gate

Aug 18, 2026

data

Recover grounded digest metric context

Aug 18, 2026

feature

Claim core digest grounding recovery lane

Aug 18, 2026

feature

Preserve newsletter null-change contract

Aug 18, 2026

feature

Record news and newsletter freshness contract

Aug 18, 2026

feature

Ground newsletter issues in fresh source records

Aug 18, 2026

feature

Enforce daily news and newsletter freshness

Aug 18, 2026

feature

Claim news and newsletter freshness lane

Aug 18, 2026

feature

Record monthly allocator note release

Aug 18, 2026

feature

Publish monthly allocator research note

Aug 18, 2026