Retrieved
Given the severe restriction to inputs that allow production reactivation, as well as cost increases that is reasonably entailed by the productive activity in the midst of the pandemic, the goods and services supply in Venezuela continues to be limited and relatively expensive. According to the Central Bank of Venezuela (BCV), the monthly variation of the Consumer Price Index (CPI) has been 19 percent for July. The cumulative inflation in 2020 has reached 491.9 percent and a year-on-year variation of 2,239.9 percent. By Holland & Knight LLP. Full Text-> Lexology
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