With the Venezuelan presidential election looming, workers say their salaries have not caught up with prices, despite lowest inflation rates in years.
by Reuters
NBC News
The government of Venezuelan President Nicolás Maduro, who is seeking reelection on Sunday, has had some success in curbing formerly sky-high inflation, but workers say their salaries have not caught up with high prices for food and other goods.
That, combined with general frustration after years of economic malaise, could chill support for Maduro and help bring out the vote for opposition coalition candidate Edmundo González, said voters and analysts.
Venezuela had suffered six-digit hyperinflation for about four years, with the indicator reaching a heady 130,000%, eroding savings and making basic supplies scarce.