Standard food basket hits USD 452.57 in November

According to the National Statistics Institute (INE), the price of the standard food basket climbed 2.69% as against October, when it amounted to USD 450.46

EL UNIVERSAL

Tuesday December 18, 2012 05:23 PM

Venezuela's standard food basket stood at USD 452.57 in November, soaring 2.69% with respect to October (USD 450.46).

Based on a report compiled by the National Statistics Institute, the new price is attributable to the rise in the price of eggs (up 35.63%), tomatoes (up 23.77%), domestic oranges (up 12.41%), mangos (up 10.08%), plantains (up 8.02%), pineapples (up 5.62%), mayonnaise (up 5.24%), onions (up 4.91%), and chicken (up 4.62%).

Regarding the drop in the price of some staples, the most significant were those in yucca, vegetable oil, kidney beans, black beans, potato, and oats and its by-products.

Translated by Jhean Cabrera

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