Parra says Venezuelan inflation may exceed target

The president of Venezuela's central bank, Gaston Parra, has said inflation is likely to end the year about 4 percentage points above the government's target range of 10 percent to 12 percent.

Speaking to reporters at a conference in Caracas, Parra said the central bank is putting ``prudent'' measures in place to fight accelerating inflation and recommended the country's policy makers employ ``monetary tools'' exclusively to curb excessive price increases.

Parra also said the government has no

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: