The cost of living, as measured by the Consumer Council of Zimbabwe’s low income urban earner monthly basket for a family of six, went up 0,08% in November, pushed mainly by the rise in meat prices.
Report by Gamma Mudarikiri
The cost of living in the period marginally increased to US$572,63, up from US$572,18 in October.
The food basket rose to US$160, 22 in November, from US$160,01 in October representing a 0,13% increase.
“Of all the commodities in the basket, meat has shown a consistent upward increase in price as from July 2012,” CCZ said.
The price of beef has been rising steadily this year. Between July and August,the price of economy beef increased marginally to US$3,95 per kg from US$3,92 per kg. In September the price went up 13,8% to US$4,50 per kg. For October and November, the economy beef price recorded further increases of 13,33% and 13,73% to US$5,10 per kg and US$5,80 per kg respectively.
The prices of the other basic commodities, among them bread, salt, onions, cabbage, bath and laundry soaps remained unchanged from the October figures.
The CCZ survey is conducted twice; during the first and the last weeks of each month. The total cost of the food basket and the price of each commodity are arrived at by averaging prices gathered from several retail outlets throughout the country.