Fuel price pushes cost of liv­ing up

Chronicle (Zimbabwe) - - Business - Bianca Mlilo Busi­ness Re­porter

THE cost of liv­ing in Zim­babwe has slightly in­creased due to fluc­tu­at­ing fuel prices among other fac­tors, the Con­sumer Coun­cil of Zim­babwe (CCZ) has said.

The con­sumer watch­dog body con­ducts monthly food bas­ket sur­veys twice monthly; dur­ing the first and last weeks of ev­ery month.

“The cost of liv­ing as mea­sured by the CCZ’s low in­come ur­ban earner monthly bas­ket for a fam­ily of six in­creased from the end July fig­ure of $567,91 to $571,14 by end Au­gust 2016, show­ing an in­crease of $2,96 or 0,52 per­cent,” said the CCZ.

“The food bas­ket in­creased by $2,12 or 1,73 per­cent from $122,60 by end-July 2016 to $124,72 by end-Au­gust 2016. The price of de­ter­gents in­creased by $0,84 or 7,43 per­cent from $11,31 to $12,15.

“As CCZ we as­sume that the slight in­crease could be at­trib­uted to var­i­ous fac­tors and these in­clude the cur­rent cash short­ages, schools open­ing and fluc­tu­at­ing fuel prices.”

Ac­cord­ing to the CCZ, in­creases in prices were recorded in mar­garine by $0,10 from $0,85 to $0,95, cook­ing oil by $0,05 from $1,35 to $1,40, rice by $0,11 from $1,59 to $1,70 and onion by $0,28 from $1,20 to $1,48.

Bath soap also in­creased by $0,06 from $0,69 to $0,75, mealie-meal by $0,15 from $10,80 to $10,95 , meat by $0,25 from $3,50 to $3,75, salt by $0,03 from $0,23 to $0,26 and laun­dry bar by $0,15 from $1,05 to $1,20.

De­creases in price were recorded in bread by $0.05 from $0.75 to $0.70 and flour by $0.04 from $1.73 to $1.69, said CCZ.

The price of milk, sugar, toma­toes, tea leaves, cab­bage and wash­ing pow­der re­mained un­changed from the end Au­gust 2016 fig­ures.— @Bian­caMlilo

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