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The official GDP growth figure and the Conindustria power-outage data present contrasting signals about the state of Venezuela's economy in Q2 2026. Manufacturers losing 214 of 488 working hours to power cuts, with outages up 18% from the prior quarter, points to a structural constraint on industrial output even as the headline growth number is positive. The tension between official GDP data and the reported operating environment is sourced but unresolved by the available information.
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Venezuela's economy grew 7.14% year-on-year in Q2 2026, according to its central bank. Separately, Conindustria reported that manufacturers operated without power for 214 of 488 working hours in Q2 2026, with unplanned outages averaging 57 per quarter, an 18% rise from the prior quarter.
The official GDP growth figure and the Conindustria power-outage data present contrasting signals about the state of Venezuela's economy in Q2 2026. Manufacturers losing 214 of 488 working hours to power cuts, with outages up 18% from the prior quarter, points to a structural constraint on industrial output even as the headline growth number is positive. The tension between official GDP data and the reported operating environment is sourced but unresolved by the available information.
ZeroHedge·07/17, 08:19 AM
bloomberg-economics·07/14, 12:22 AM
bloomberg-economics·07/08, 10:36 PM
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