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Food inflation hits consumers

NewsDay Staff ·

Food inflation hits consumers

ZIMBABWE’S food inflation for December jumped by 21% from the November rate following a wave of price hikes of most basic commodities ahead of the festive season.

According to a latest Zimbabwe National Statistics Agency (ZimStat) report, Zimbabweans are grappling with a sharp increase in the cost of living.

ZimStat said the month-on-month inflation rate for December was up to 4,7%, gaining 0,2 percentage points from the November 2023 rate of 4,5%.

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