Patience is wearing thin among consumers who face shortages and long lines at supermarkets and pharmacies. Last month, Venezuela’s scarcity index reached its highest level since 2009, while the 12-month inflation rate has risen to nearly 30 percent. Shoppers often spend several days looking for basic items and stock up when they find them.
Fleming said the country’s monthly consumption of toilet paper was normally 125 million rolls, but that current demand “leads us to think that 40 million more are required.”
“We will bring in 50 million to show those groups that they won’t make us bow down,” he said.