Report Published: "Grocery Retailers in Venezuela"
Restrictive import regulations and price controls generated strong product shortages in many categories. Venezuelans were highly concerned about finding basic products such as milk, corn flour, vegetable oil, deodorants and washing powder. Products with prices regulated by the government - therefore kept artificially low - recorded the highest shortages. This situation caused nervous purchases because consumers always fear that the product will be absent on the next visit. At the same time...
View full press release