ESPACIO PUBLICITARIO
CARACAS, Tuesday December 04, 2012 | Update
 
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INFLATION | Accrued National Consumer Price Index at 16%

Inflation in November smashes 2.3%

The item of food and non-alcoholic beverages is among the highest increase ( 3.2%)

Food is among the items that surged the most (File photo)
EL UNIVERSAL
Tuesday December 04, 2012  12:22 PM

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%.
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Is protest over?

That political protest in Venezuela has lost momentum seems pretty obvious: people are no longer building barricades to block off streets near Plaza Francia in Altamira (eastern Caracas), an anti-government stronghold; no new images have been shown of brave and dashing protesters with bandanna-covered faces clashing with the National Guard in San Cristóbal, in the western state of Táchira; and those who dreamed of a horde of "Gochos" (Tachirans) descending  in an avalanche to stir up revolt in Caracas have been left with no option but to wake up to reality.

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