This Wednesday, September 9th, the Finance Commission of the National Assembly, published a balance sheet on the economic indexes: National Consumer Price Index (NCPI) and inflation.
In reference to the current month, Ricardo Aponte, member of the Commission, explained that inflation reached 25.04%, a lower figure compared to July, but higher than in May and June.
Based on these figures, the Commission determined that, the accumulated inflation (Jan-Aug) is 1079.67% and the inter-annual inflation is 3078%, which keeps the country in the same hyperinflation dynamics of the last 35 consecutive months.
The items that registered the greatest increase in August were clothing and footwear with 43.23%, various goods and services with 42.51% and healthcare with 28.14%.
The congressman emphasized that these indexes are caused by the irresponsible fiscal management of the regime, which issues money without support and by the sustained fall in national production in recent years.
Likewise, he indicated that the food basket was valued at $231 above the $213 of the month of July, which is equivalent to the exchange rate of Bs.S. 67,710,607, as opposed to the $1.18 of the minimum salary of the workers in the month of July.
In the same context, he pointed out as necessary the formation of a national emergency government that would apply the fiscal, monetary and exchange rate measures that would stabilize the economy, bring down inflation and recover the purchasing power of Venezuelans.
“…otherwise, we are going to maintain the same dynamic of inflation, the same dynamic of poverty,” affirmed Aponte.
Regarding the effort made by the Finance Commission of the National Assembly, he manifested that this is a task that corresponds to the Central Bank of Venezuela (BCV), but given the refusal of the institution to issue truthful information on this matter, the Commission has assumed said task to keep the country informed on these important indicators.