Food shortages increases in Venezuela

Venezuelans face food shortages

Today Venezuela released an official report on its shortages to measure the lack of goods and food in retail outlets. In April the index rose to an average of 21.3% from 20% of the previous month, a figure that is four times higher than what is considered a normal rate for the oil country.

Meanwhile, the Venezuelan President Nicolas Maduro accused Alimentos Polar, the largest local producer of commodities of hiding goods in order to destabilize his government.

Currently the Venezuela is facing one of the greatest periods of scarcity in stores, something that has not been seen for five years.

The inflation in the country reached 4.3%, the highest level in three years, this is in part due to the rising cost of food and drinks.