Bread Prices Shoot Up To Over US$1 - NewZimbabwe com newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.
Bread price up thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.
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.