Poverty Datum Line Rises To $1 617

Zimbabwe National Statistics Agency (Zimstat) says the Poverty Datum Line (PDL) for an average family of five has increased to $1 617 for July showing an increase of 80 per cent from April.

The rise has been attributed to the ever-increasing prices of basic commodities such as mealie-meal, rice, cooking oil, flour, sugar and meat.

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Some retailers have been accused of pegging prices of goods priced in the Zimbabwe dollar to the prevailing interbank market which changes daily with the local currency shedding value.

More: The Herald

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Poverty Datum Line Rises To $1 617