CPI: Cost of living

Inflation in Venezuela has remained relatively stable. Consumer price index measured by CPI increased by 4.7% as on June 2006, taken on a semi-annual basis. Prices of food & non-alcoholic beverages increased the most, followed by communications. The food index rose by 7.04% and the communication index increased by 3.01%. Housing rental increased the least by 2.23%, as on June 2006 on a half yearly basis.


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Editor: Arindam Chaudhuri

Source: IIPM Publication