More than half of Venezuelans support the dollarization of the economy to curb one of the world's fastest inflation rates, according to a report by Jin10 on May 28. An AtlasIntel survey revealed that 31% of respondents support dollarization, with an additional 26% strongly in favor. In contrast, 30% oppose or strongly oppose the measure. According to the Venezuelan Central Bank, the country's annual consumer price increase surged to approximately 600% in April, up from 475% in December. This hyperinflation, coupled with a weak job market and low wages, has placed a heavy burden on Venezuelans. Despite joint efforts by Venezuela and the United States to reopen the economy and attract foreign investment, public confidence and sentiment continue to deteriorate. The survey results indicate that about 79% of respondents consider the economic situation in May to be "poor," a two-percentage-point increase from the previous month.