LatinNews Daily - 07 September 2026

*Venezuela’s central bank (BCV) has released its latest consumer price index, putting monthly inflation at 8.9% in August. This is down from monthly inflation of 19.9% in July and 13.8% in June. In a press release, the BCV attributed the slower rate to a recovery in distribution channels and reduced pressure in the foreign exchange market. The BCV added that August’s figure represented the return to “an acceptable inflation rate” following the “initial impact of the two earthquakes on the national economy”, in reference to the twin earthquakes that hit the country on 24 June and which the World Bank estimated caused US$19.6bn in direct physical damage. The BCV did not provide an overall annual inflation figure.