Central bank reports critical shortage of six staples at the end of 2012
Serious shortage of chicken, white cheese, and milk was recorded
The shortage index showed the following results per every 100 shops visited: pre-cooked corn flour, 43.3%; wheat flour, 76.8%; edible sunflower oil, 86.1%; edible corn oil, 56.8%; edible mixed vegetable oil, 67.1%; sugar, 78.1%
According to the BCV's index, nine basic staples recorded serious shortage (21-40%) in December, namely chicken, 21.5%; jam, 36.6%; white cheese, 29.7%; powder and liquid milk, 32.2-22.1%, respectively.
The overall shortage index was reported at 16% in December, according to the central bank.
Despite the results, the Superintendent of Costs and Fair Prices, Karlin Granadillo, said that basic staples supply is normal in the country and rejected claims of food shortage.
Translated by Jhean Cabrera
More than USD 3.5 million of Central Bank of Venezuela (BCV) money were lost in their way to the Dominican Republic. Some Venezuelans are among the 5,000 victims of the bank's collapse. And not even the entity responsible for overseeing Venezuela's monetary policy was spared.