POVERTY DATUM LINE RISES

POVERTY DATUM LINE RISES

Zimbabwe’s poverty datum line (PDL) for an average family of five jumped 15,18 percent to ZWL$1 617 inJuly this year, up from ZWL$1 404 the previous month as the cost ofliving continues rise on the back of unrestrained price increases.

Latest data from the Zimbabwe National Statistics Agency (ZimStat)shows that an individual required at least $323,50 per month to accessminimum provisions.

“The Total Consumption Poverty Line (TCPL) for an average of fivepersons stood at $1,617.48 in July 2019. This represents an increase of 15.18percent when compared to the June 2019 figure of $1 404.26,” ZimStat said.

According to ZimStat, the TCPL is a combination of food and non-fooditems that an average family required for it not to be deemed poor.In terms of food alone, ZimStat said an individual required at least $127,93 per month, up from $112,07 the previous month. Prices of goods and services have further gone up in the past twomonths as the local currency continued to devalue against the UnitedStates dollar.

ZANU PF INFORMATION DEPARTMENT NEWS

Leave a Reply

Close Menu