Cost of living in Zim rises

2010-12-09 07:21

The cost of living for an average urban Zimbabwean family of six rose by $8 (R55) to $499 in November reflecting a 0.01% increase on the previous month, Zimbabwe’s Herald Online reported today.

The change was driven by rising food prices, the Consumer Council of Zimbabwe said.

The council said the cost of the food basket increased by 0.04 from $137 in October to $143 last month.

The cost of the food and detergents basket increased from $147 in October to $155 in November.

Generally, the council said, most of the products in the urban family of six consumer basket increased and these included margarine, tea leaves, fresh milk, bread, flour, onions, cabbages, white sugar, cooking oil, salt and meat.

While retailers cite the strengthening rand against the greenback for rising prices, since Zimbabwe imports most basic products from South Africa, the council attributes this to the traditional behaviour of retailers towards the festive season.

“For some time now the rand has been very strong against the dollar, but the council is concerned that the increase in the food basket may be attributed to the traditional behaviour of supermarket towards the festive season,” the council executive director Rosemary Siyachitema said.?

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.