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Family basket of 6 rises to $72 967 per month

Family basket of 6 rises to $72 967 per month. The CCZ said a family of six now requires ZWL$72 967 to meet their basic needs, up from ZWL$58 284 recorded in the month of November 2021.

The family basket for a low-income earner for a family of six increased by 25.19% in December 2021, from November 2021, the Consumer Council of Zimbabwe (CCZ) has said. CCZ said:

The family basket for a low-income earner for a family of six as measured by the Consumer Council of Zimbabwe increased from ZWL$58 284 recorded in the month of November 2021 to ZWL$72 967 indicating an increase of 25.19%. CCZ attributed the astronomical price increases partly to market speculation among other factors.

The current cost of living means that a family of six now requires US$363 using the current parallel market exchange rates to meet their monthly requirements. When using the official exchange rate that was last announced on 14 December 2021, the figure is a whopping US$672.

Source – NewZimbabwe

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