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 […]
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The Daily Journal.- Power outages became the second-largest constraint on domestic production during the second quarter of 2026, according to an assessment of the manufacturing sector’s performance presented by the Venezuelan Confederation of Industrialists (Conindustria). Between April and June, companies reported an average of 214 hours without electricity out of a total of 488 working […]
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The Daily Journal.- Venezuela’s private industrial sector recorded 8.1% year-over-year growth in production volume during the first half of 2026, driven by gains of 9.9% in the first quarter and 6.5% in the second quarter, the Venezuelan Confederation of Industrialists (Conindustria) reported as it presented its Industrial Economic Survey for the second quarter of 2026 […]
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The Daily Journal – Nearly two months after the two major earthquakes that devastated parts of the country on June 24, the Venezuelan Confederation of Industrialists (Conindustria), the Venezuelan Chamber of Construction (CVC) and the United Nations Development Programme (UNDP) held a high-level meeting to define the operational and strategic phases of Venezuela’s Reconstruction Plan, […]
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The Daily Journal.- This Wednesday, during the presentation of the Industrial Economic Survey (ECI-I26), the Venezuelan Confederation of Industrialists (Conindustria) revealed that private manufacturing has managed to increase its operational capacity and improve employee compensation. However, the business association warned that the lack of widespread bank credit and deficiencies in the national electricity supply act […]
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The Daily Journal.- Venezuela’s private manufacturing industry recorded a year-over-year growth of 9.9% in production volume during the first quarter of 2026, according to the results of the latest Industrial Economic Survey (ECI-I26) released by the Venezuelan Confederation of Industrialists (Conindustria). Conindustria president Tito López highlighted that this progress is the result of the sector’s […]
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