Box of Condoms Costs N149,000 in Venezuela Due to Slump in Oil Price & Inflation

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Due to a drastic slump in oil prices and inflation in Venezuela, the prices of basic commodities have skyrocketed.

As a result, the price of a box of condoms has skyrocketed to £500 (N149,353), Daily Mail reports.

The supply of condoms and birth control pills has declined sharply, as a result; they have become incredibly scarce. Consequently, the pharmacies and locations that do have them in stock sell them at exorbitant prices.

According to reports, “boxes now cost 85 percent of the average monthly salary in the South American nation.”

This has forced Venezuelans to buy their contraception online, especially via a site called Mercado Libre, which is similar to eBay.

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