×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

Consumer basket increases marginally

News
THE average cost of living has marginally increased with the consumer basket for a family of six going up by $1,31 to $561,24 last month.

THE average cost of living has marginally increased with the consumer basket for a family of six going up by $1,31 to $561,24 last month.

By Business Reporter

Economic analysts have attributed the increase to a slight price rise in some consumer goods.

The monthly basket started the year in declining mode having fallen by $3,16 in January to $561 from $559,93 mainly due to non-movement of some goods on supermarket shelves.

The Consumer Council of Zimbabwe said last month: “Margarine 500g increased by 6 cents from $2,39 to $2,45, cabbage by 14 cents from 61 cents to 75 cents, mealie meal 10kg by 5 cents from $12,25 to $12,30, 2kg sugar by 10 cents from $1,75 to $1,85, 500ml fresh milk by 4 cents from 70 cents to 74 cents, cooking oil by 6 cents from $1,55 to $1,61, 2kg flour by 6 cents from $1,89 to $1,95, salt by 3 cents from 20 cents to 23 cents and onions by 10 cents from 95 cents to $1,05.”

Price decreases were recorded in beef, tomatoes, bath soap, laundry bars and washing powder. The price of a kilogramme of beef went down by 10 cents to $3,90 a kg, tomatoes were down by 8 cents to 90 cents,bath soap down 20 cents to 69 cents while laundry bars were down 10 cents to $1. Washing powder went down by 6 cents to 89 cents.

During March, prices of fuel, tea leaves, bread and rice remained unchanged from February.

Inflation figures for February stood at minus 49% after shedding off 0,90 percentage points on the January 2014 rate of 0,41%.