ESPACIO PUBLICITARIO
CARACAS, Wednesday January 30, 2013 | Update
 
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CONSUMPTION | The basket soared 4.89% versus November

Statistics institute: Venezuelan Food Basket at USD 484.93 in December

The president of the National Statistics Institute noted that the increase did not represent a major impact as the minimum wage in December stood at USD 698.60

EL UNIVERSAL
Wednesday January 30, 2013  04:49 PM
Venezuela's food basket price stood at USD 484.93 in December 2012, 4.83% above the figure recorded a month earlier (USD 462.57).

The president of the National Statistics Institute remarked that the increase did not represent a major impact on households as the legal minimum legal income (including both minimum wage plus food benefits) stood at USD 698.60 by December 2012," a press release states.

The rise in price was reported in wheat (27.4%), tomato (23.11%), hen eggs (12 units, 13.03%), onion (12.5%), chicken (12.09%), pre-cooked wheat flour (7.96%), sugar (6.13%), and coffee (5.74%).

Translated by Jhean Cabrera
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José Vicente Rangel clearly said: "We are not conducting negotiations threatened with a gun in the head." He warned behind closed doors in the midst of the social upheaval occurred during the oil strike in 2002 and 2003. Dissenting Timoteo Zambrano answered back that no other option was available: "The thing is that otherwise, you do not negotiate."

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