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Old 05-24-2016, 10:12   #3
Pete
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Join Date: Feb 2005
Location: Fayetteville
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Price of corn flour in Venezuela soars 900 percent

Price of corn flour in Venezuela soars 900 percent

https://www.yahoo.com/news/price-cor...76.html?ref=gs

"Caracas (AFP) - Venezuelans on Tuesday woke up to discover that the government-controlled price of corn flour -- used to make corn patty arepas, a staple of local cuisine -- has risen 900 percent.

The socialist government of President Nicolas Maduro had kept the price of corn flour frozen for 15 months at 19 bolivares a kilogram (two pounds).

But late Monday the government's Superintendent of Fair Prices increased the price to 190 bolivares a kilo, or $19 at the government rate used for imports such as medicine and scarce food...."

And the hits just keep on coming.
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