Politics, Business & Culture in the Americas

Venezuelan Opposition Demands Inflation Numbers as Peace Talks Continue



Peace talks between President Maduro’s government and the Venezuelan opposition are scheduled to continue today, while the Mesa de la Unidad Democrática’s (Democratic Unity Roundtable—MUD) opposition coalition calls for the Central Bank to release March’s official inflation data. The bank generally releases the datain the first 10 days of the month.

The MUD claims that country’s inflation is 60 percent, an increase of 2.7 percent since February. Opposition leader and former presidential candidate Henrique Capriles announced via Twitter that inflation increased  more than 4 percent in March—higher than the annual inflation for several other Latin American countries. While no agenda has been set, financial transparency is expected to be a one of the topics in the peace negotiations that will continue today.

The country’s high inflation was one of the factors that sparked the deadly protests that erupted across the country in February killing at least 41 people. Venezuela’s military strategic command chief, Vladmir Padrino, recently admitted to “excesses” in policing, but maintains that less than one percent of security forces were responsible for the “cruelty and torture.”

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