Venezuelans needed to earn 166 minimum wages in April to cover the basic food needs of a five-person family, according to a new study published this week.
The report, by the Venezuelan Teacher Federations' Center for Documentation and Social Analysis, estimated the basic food basket to cost $552.29 last month, or $18.40 per day. This compares with the country's current minimum wage, which stands at 130 bolivars, about $3.56 a month.
