The Central Bank of Venezuela (BCV) informed, one month after the scheduled date, that the price of food and non-alcoholic beverages jumped some 2.5% in December 2013. In light of these results, food inflation in 2013 soared by 74%, the highest since 1996, when the then president, Rafael Caldera, made serious adjustments leading to an 88.1% rise in food prices. More...
Tuesday, January 28, 2014
Food prices in Venezuela the highest in 18 years
The Central Bank of Venezuela (BCV) informed, one month after the scheduled date, that the price of food and non-alcoholic beverages jumped some 2.5% in December 2013. In light of these results, food inflation in 2013 soared by 74%, the highest since 1996, when the then president, Rafael Caldera, made serious adjustments leading to an 88.1% rise in food prices. More...
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