Cendas-FVM Archives - The Daily Journal

How much does an industrial worker earn in Venezuela?

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

The average salary of an industrial worker in Venezuela covers barely 41% of the cost of the basic food basket, highlighting a deep gap between income and the cost of living. Even at large companies, where monthly income reaches US$455, workers earn only enough to cover 63% of what a family of five needs. The […]

Family Food Basket reached $727.89 in July, Cendas-FVM reports

August 18, 2026August 18, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The Family Food Basket (CAF) cost $727.89 in July, equivalent to 516,804.22 bolivars, according to Óscar Meza, director of the Documentation and Social Analysis Center of the Venezuelan Federation of Teachers (Cendas-FVM). According to the institution’s monthly report, the price in U.S. dollars fell by 3.77%, or $28.56, compared with June. In […]