As Zimbabweans begin to feel the bite of the current wave of price increases and soaring cost of living, there is growing suspicion and concern that the official inflation rate does not quite reflect the economic reality on the ground.
Ask any ordinary person, how much food prices have increased in recent months -- particularly after Statutory Instrument 64 of 2016 which imposed a ban on certain imports and protected inefficient companies and their poor products as well as the introduction of bond notes -- they will tell you prices have definitely more than doubled in some cases.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article