Venezuela's inflation in December up 3.5%; ends at 20.1% in 2012
The food sector recorded the largest raise in prices during the last month of 2012 as it grew 5.7%. Shortage, meanwhile, reached its highest point ever since early 2008, at 16.3%
The BCV said that inflation throughout 2012 stood at 20.1%, slightly higher than the number estimated by the central bank president (19.9%) in his year-end message.
The sector with the largest rise was food prices (up 5.7%). Transportation climbed by 3.3%, while clothing and footwear, and restaurants and hotels jumped 3.1%. Leisure and culture increased by 2.7%.
Regarding the shortage index in the Metropolitan Area of Caracas, the central bank said it increased to 16.3% in December – the highest level since January 2008, when shortage hit its highest level ever at 24.7%.
No pellets, tear gas or 9mm firearm projectiles were enough. Several unpublished videos confirm what some witnesses had already warned in the very afternoon of February 12: that day, the Bolivarian National Intelligence Service (Sebin) shot a different type of bullets whose ammunition shells were picked up by the very officers who triggered the weapons.