Prices of basic goods from sugar to cooking oil to building material soared in June as much as 200 percent and the recently-instituted local currency fell.
Proposals to remove four zeros from the currency have been floated since 2008, but the idea has gained strength as the rial lost more than 60 percent of its value in 2018.
The crisis is affecting the nation's pets with more than three million cats and dogs abandoned in the country, animal protection organisations say.
For Venezuelans living outside the capital Caracas, the economic crisis presents different challenges and in the rural state of Cojedes, farmers, ranchers and local merchants are trying to stay in business.
Venezuela has launched a series of dramatic economic reforms, beginning with the release of currency with five fewer zeros in a bid to tame soaring inflation.
Nicolas Maduro ordered a 96 percent currency devaluation, pegged the bolivar currency to the government’s petro cryptocurrency and boosted taxes.
The South American nation’s economy has been steadily collapsing since the crash of oil prices in 2014 left it unable to maintain a socialist system of subsidies and price controls.
Venezuelans are suffering as the economic crisis in the country worsens. Many are depending on relatives who are providing them with funds from abroad.
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