ESPACIO PUBLICITARIO
CARACAS, Friday February 01, 2013 | Update
 
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ECONOMY

Polling firm Datanálisis: food shortage index at 30% in January

The firm estimates 4-6% growth in private consumption in 2013

Government threats result in shortage (File photo)
MARIELA LEÓN |  EL UNIVERSAL
Friday February 01, 2013  02:02 PM
Although Venezuela's food shortage index reached 30% during the first 15 days of 2013, the largest since 2008, polling firm Datanálisis estimates a 4-6% increase in private consumption in 2013, "considering that it is an electoral year."

Datanálisis' President Luis Vicente León stressed that the Government leads to shortages by expressing hostility at the domestic production sector through expropriation and nationalization threats and policies aimed at regulating food price and the foreign exchange.

León underscored that the indicator has shown an upward trend since October 2012.

Translated by Jhean Cabrera
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José Vicente Rangel clearly said: "We are not conducting negotiations threatened with a gun in the head." He warned behind closed doors in the midst of the social upheaval occurred during the oil strike in 2002 and 2003. Dissenting Timoteo Zambrano answered back that no other option was available: "The thing is that otherwise, you do not negotiate."

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