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Venezuelans have for months been struggling to find basic consumption items including cooking oil, toilet paper, and corn flour used for the typical and ubiquitous arepas, or cornmeal pancakes.
Shoppers often have to wait several hours in lines or visit more than one store to obtain basic goods.
Businesses say the shortages are caused by currency controls that prevent them from importing raw materials and machine parts. Government leaders call them the result of a conspiracy to derail Maduro's government.
A primary driver behind inflation is the torrid expansion of the money supply that vastly outstrips the pace of economic growth. Liquidity grew 3.2 percent in the month of January alone, a figure nearly identical to that month's inflation.
In 2013, the money supply expanded nearly 70 percent.