Chavez raises Venezuela minimum wage 30 per cent - 01 May 08

It's part of his battle against soaring inflation which saw prices rocket by more than 20 per cent last year.

Now Venezuela's President Hugo Chavez has raised the minimum wage by 30 per cent - good news for the country's poor.

But critics are concerned this will only push the inflation rate up further.

From Caracas, Lucrecia Franco reports.