Demand for electric power in Venezuela grew by 3.24 per cent in April compared to the same month last year, according to the latest available official figures.

Demand stood at 17,026 MW, a volume that includes 486 MW generated under rationing. Meanwhile, demand for the first four months of this year rose 1.88 per cent compared to the same period in 2011.

Caracas, the capital, saw the highest level of energy consumption at 6.37 per cent between January and April.

However, areas where industrial activity is traditionally high saw a decline in consumption, confirming a slowdown in the economic activity in the South American country.

For more Latin America news.