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Cost of living roses to $18,000 – ZimStat

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  • The latest figure demonstrates how difficult life has become for Zimbabweans ahead of the festive season which starts next month. On average, government workers earn $11 350 per month.

ZIMBABWE’s monthly cost of living has risen by 4,1% to almost $18 000 in September, a quasi-government body Zimbabwe National Statistics agency (ZimStat) revealed Wednesday.

ZimStat measures the total consumption poverty line (TCPL) for a family of five.

“The TCPL for an average of five persons stood at $17 956,87 in September 2020. This means that an average household required that much to purchase food and non-food items for them not to be deemed poor. This represents an increase of 4,1% when compared to the August 2020 figure of $17 244,07,” ZimStat said in a statement on Wednesday.

The latest figure demonstrates how difficult life has become for Zimbabweans ahead of the festive season which starts next month. On average, government workers earn $11 350 per month.

State workers represent the bulk of formally employed people in Zimbabwe.

Economists say these workers cannot pay for the most basic requirements like school fees, healthcare and rentals. Civil servants have been on strike throughout the year demanding a living wage.

ZimStat said the September 2020 food poverty line (FPL) for an average of five persons in Zimbabwe stood at $7 382.This represented an increase of 2,4% when compared to the August 2020 figure of $7 210.

The food poverty line per person stood at $1 476 representing an increase of 2,4% over the August 2020 figure of $1 442

“The food poverty datum line represents the minimum consumption expenditure necessary to ensure that each household member can (if all expenditures were devoted to food) consume a minimum food basket representing 2 100 calories.

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“An individual whose total consumption expenditure does not exceed the food poverty line is deemed to be very poor,” ZimStat said.

“The poverty datum lines vary by province as prices vary from place to place. The TCPL for an average household in September 2020 ranged from $17 410 in Mashonaland Central province to $19 753 in Matabeleland North province. The differences are explained by differences in average prices in the provinces,” ZimStat said.

According to the Employers Confederation of Zimbabwe, over one million people have been thrown out of formal employment this year, adding to about five million more who earn a living through menial jobs. ■

Source
NewsDay
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