Zimbabwe’s Poverty Datum Line(PDL) has soared to $5 293, in February from $4,492 reported the previous month, a 17% increase in one month, New Ziana reports. This means a family of 5 which needed $4492 to survive in January now need $5 293.
According to the publication, the jump in the PDL is reflective of the increase in prices of goods and services and the exchange rate volatility.
Zimstats shared the PDL statistics and said:
The Food Poverty Line for one person in February 2020 was $419 while that for an average household of five persons stood at $2,097
The Total Consumption Poverty Line (also referred to as the Poverty datum line) for one person was $1,059 while for an average five person household it stood at $5,293 for the same period
The economy has not been performing better either since the turn of the new year due to a number of reasons.
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