Local News

10,4% jump in cost of living: ZimStat

NewsDay Staff ·

10,4% jump in cost of living: ZimStat

THE cost of living has increased by 10,4% with the food poverty line (FPL) for one person now almost $80 000, the Zimbabwe National Statistics Agency (ZimStat) said.

According to ZimStat, the FPL for one person increased from $69 941,05 in June to $77 186,03 in July.

The rising cost of living has been driven by a number of factors which include inflation, currency depreciation and economic instability.

This story is for NewsDay subscribers.