Inflation in November smashes 2.3%
The item of food and non-alcoholic beverages is among the highest increase ( 3.2%)
Inflation in Venezuela in November stood at 2.3%, according to data supplied by the Central Bank of Venezuela (BCV). This number is similar to that of November 2011, at 2.2%.
With this result, accumulated variation by November 2012 stands for 16%, more than nine percentage points below 25.4% the same term last year. For its part, annualized variation accounted for 18%, far below 27.6% the same term last year.
The item of food and non-alcoholic beverages was among the highest increase (3.2%) and below the 4.9% variation for the item of alcoholic beverages and tobacco.
In November, both items of entertainment and culture, and apparel and footwear recorded a 2.3% variation; household furniture and fittings varied at 2.2%.
Yamir Tovar (22) and Luis Fabián (21) were subjected by members of a ‘colectivo' (an armed pro-government gang) in the west Caracas neighborhood of Catia on February 20. Their bodies were found tied up and gagged; they were killed by headshots in execution style.