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BREAD PRICE GOES UP newsdzeZimbabweNewsdzeZimbabwe

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.

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