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Consumer
basket surges to $41m
Paul
Nyakazeya, The Zimbabwe Independent
May 05, 2006
http://www.theindependent.co.zw/viewinfo.cfm?linkid=12&id=2010
THE Consumer
Council of Zimbabwe (CCZ)’s April monthly basket for a low income
urban family of six has increased by 17,4% to $41 million, from last month’s
figure of $34,9 million.
Notable
price increases were recorded in education, which rose by 202,3% for the
new term beginning May.
Sugar
went up by 60,1%, health costs by 40,7% while vegetables and bread increased
by 29,3% and 29,9% respectively.
While
commending employers for taking a pre-emptive step by awarding workers
salaries that took into account the cost of living, CCZ said the new salary
aand wage hikes were still way below the cost of living.
"However,
there continues to be a disproportionate increase in the cost of living
on the one hand whilst on the other there still remains a stagnation of
incomes," CCZ said
The
consumer watchdog said there were visible improvements in the supply of
mealie-meal and this resulted in prices decreasing by 22,2% from the average
price recorded in April.
The
$41 million required by the low-income urban earner reflects that the
economic situation prevailing in Zimbabwe is certainly worsening.
Living
standards for the common men have rapidly deteriorated and continue to
decline.
According
to the Central Statistical Office (CSO), Poverty Datum Line (PDL) figures
confirm that most Zimbabweans are living in poverty as their salaries
fall far short of the PDL.
CSO figures last month
reflected that the breadwinner in a household of five persons should earn
an income at par or in excess of $30,5 million per month in order to avoid
being classified as poor.
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