Venezuela's food prices skyrocket as people go hungry

[Bacchus4.0]

http://money.cnn.com/2016/10/21/news/economy/venezuela-food-prices-skyrocketing/

Now food is starting to reappear on more and more supermarket shelves. But the prices are prohibitive for almost everyone.



"The prices are really really high...people are just shocked by the price increases," says Alejandro, a 24-year old who works at a law firm in Maracaibo, Venezuela, near the border of Colombia.

It's the latest reality in a country where people are going hungry: food within eyesight but out of reach.

To ease the shortages, Venezuela's government has quietly stopped enforcing some of its price controls on food in parts of Venezuela that border Colombia and Brazil where food is shipped in.