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Caribbean-Latin America
Venezuela purchasing power drops 162%
2010-03-17
El poder adquisitivo cayó 162% en los últimos 11 años
Economistas creen que el incremento del salario mínimo decretado por el Presidente sera insuficiente porque la inflación podría estar cerca de 40%. Entre los 10 productos con mas inflación estan bebidas alcohólicas y no alcohólicas, periódicos, libros, artículos de papelería, servicios médicos y paramédicos, vehículos y seguros

12 de marzo 2010 | 06:25 am - Alejandro Hinds
Basically what this says is That since Chavez took control purchasing power has dropped 162%. In other words if, pre-Chavez, you could buy 100 potatoes, you can now only afford 62 anti-potatoes.
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