What was the price of the meals basket in Could 2024?

What was the price of the meals basket in Could 2024?
  • Based on the group, within the month of Could 167.59 minimal wages have been wanted to cowl the basket | Picture: José Daniel Ramos @danielj2511

Óscar Meza, director of the Heart for Documentation and Social Evaluation of the Venezuelan Federation of Lecturers (Cendas-FVM), reported that the household meals basket for Could 2024 was $547.13 (21,786.87 bolivars).

The price of the meals basket is 547.13 {dollars}, in bolivars we’re speaking regarding 21,786.87 bolivars. It elevated 0.9%, it’s a slight improve as a result of it was 186.74 bolivars in comparison with the value of the April basket and in {dollars} it fell 5.19 cents (…) Within the month of Could, 167.59 minimal wages have been required to cowl the basket,” he added in an interview with Circuito Éxitos on Friday, June 21.

Meza indicated that the months which have recorded the very best variation within the basket have been December 2023, March and April 2024.

“In December, the variation was 4.7% and in March 1.8% and in April 1.8%. This is because of a number of variables: there was a sure stability of the trade price, to the extent that you simply management this you management the costs. There may be additionally the autumn in buying energy, which is a debacle,” he defined.

At present, the minimal wage is 130 bolivars, which is equal to three.57 {dollars}, in keeping with the determine from the Central Financial institution of Venezuela (BCV) printed on June 21.

Food combos merchants clients Caracas Shops prices eggs protein groceries El Diario by José Daniel Ramos
Picture: José Daniel Ramos @danielj2511

Variation of merchandise in comparison with April

The household meals basket is an financial indicator that measures the dietary wants of a family of 5 individuals. Based on Cendas-FVM, the household meals basket consists of regarding 60 merchandise.

The proportion of variation of every product within the basket with in comparison with April 2024 is the subsequent:

-Cereals and derived merchandise: 3.42%

-Meats and preparations: 1.84%

-Fish and shellfish: 1.66%

-Milk, cheese and eggs: 1.27%

-Fat and oils: 1.24%

-Fruit and veggies: -1.53%

-Roots, tubers and others: 0.66%

-Grains: beans, peas and lentils: 0.09%

-Sugar and salt: 0.39%

-Sauce and mayonnaise: 0.52%

-Café: 0,11 %

Cendas-FVM: The cost of the food basket for May 2024 was $547.13
Picture: Cendas-FVM | UR World

How did the Cendas-FVM household meals basket fluctuate in comparison with Could 2023?

Relating to the variation between the basket of Could 2024 and that of the identical month in 2023, Meza identified that it stood at $523.29 at the moment.

“In Could 2023, the determine was $523.29. Subsequently, it elevated by $23.85, that’s 4.6%,” he defined.

Then once more, he indicated that the overseas forex costs of sure merchandise have skilled a lower in comparison with final 12 months.

Food basket reached $370 in December 2021
Picture: EFE

“In {dollars} I can say that they’ve decreased: fish and shellfish -0.2%, milk, cheese and eggs -0.5%, fat and oils -0.1%, fruit and veggies -3.3%, roots and tubers -1.1%, grains -1.7%, sugar and salt -1.4%, sauce and mayonnaise -1.3% and low -1.7%,” mentioned the director of Cendas-FVM.

Meza identified that merchandise similar to cereals and meat didn’t expertise any variation, however reasonably remained on the similar value, though he didn’t specify the value.

Associated information


#price #meals #basket
2024-06-22 01:01:37

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