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Friday, December 25, 2020 NewsdzeZimbabwe
THE price of a standard loaf of bread has risen by 13,8
percent this week to $82 from $72 and consumers feel the move is not justified.
Some retailers, who had already effected the latest price
adjustment on Wednesday, said they were caught off-guard by the latest increase
by suppliers.
While the country has recently been enjoying price
stability on the back of a stable exchange rate, consumers say the latest bread
price increase comes as a surprise.
Confederation of Zimbabwe Retailers (CZR) president, Mr
Denford Mutashu, also expressed shock but suggested that the move could be linked
to rising cost of production.