As reported by the central bank, prices in October shot up 1.7%
Sectors with the most rapid acceleration included education services at 3.5% and food and beverages at 1.7%
The BCV report states that accumulated inflation stands at 13.4%, the lowest level ever since the indicator started to be tracked, taking into account the whole country.
Likewise, based on the report, prices advanced 17.9% on an annualized basis. In this way, inflation for this year is expected to end behind the goal set in the domestic budget between 20% and 22%.
By October of last year, annualized inflation hit 26.9%, whereas accumulated inflation stood at 22.7%.
A breakdown of sectors found that education services sped up the most at 3.5%. Food and non-alcoholic beverages, with the highest profile in the index, gained 2.6% in October.
The can of tuna, formerly a fairly normal pantry staple, has long been missing from stores in Venezuela, especially the domestic brands. When tuna cans, imported or domestic, do occasionally show up on store shelves, prices have increased several fold.