Ten Everyday Items That Now Cost More Than the Monthly Minimum Wage in Venezuela
This is the result of hyperinflation and economic collapse.
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As Venezuela's bolivar loses its value at an unprecedented rate, the purchasing power of ordinary citizens is going down with it.
While President Nicolas Maduro decreed a 30 percent increase to the minimum wage in May, the currency has plunged even more -- losing 88 percent over the past year in the black market where people and businesses go to avoid strict controls on dollar purchases.