More
    HomeBusinessPoverty line jumps to $3 160 in October – Zimstat

    Poverty line jumps to $3 160 in October – Zimstat

    Published on

    spot_img

    Harare, (New Ziana) – An average Zimbabwean family required at least $3 160 in October this year to meet its basic needs for it not to be deemed poor, a 44.2 percent jump from the previous month, data released on Wednesday shows.

    In September, the same family needed at least $2 192, according to the Zimbabwe National Statistics Agency (Zimstat).

    The surge reflects a continued increase in the prices of goods and services, after the figure jumped from $1 827 in August.

    “The TCPL ((Total Consumption Poverty Line)for an average of five persons stood at $3, 159.52 in October 2019. This means that an average household required that much to purchase both food and non-food items for them not to be deemed poor,” Zimstat said.

    “This represents an increase of 44.2 percent when compared to the
    September2019 figure of $2, 191.62.”

    The TCPL is commonly referred to as the Poverty Datum Line (PDL).

    While the quantities of commodities in the food basket is fixed, Zimstat said the PDL varied by province, with the lowest being $2 904 in Mashonaland Central and Matabeleland North being the highest at $3 359.

    During the same month, an individual required $271 to meet the barest
    minimum of requirements, up from $177 the previous month.

    The continued rise in the cost of living places the majority of workers below the PDL as many of those in formal employment are earning below $1 000.

    Government is facing pressure from its employees who recently declared
    that they were incapacitated to come to work due to the continued rise
    in the cost of living against stagnant incomes.
    New Ziana

    Latest articles

    Special Olympics Zimbabwe Fundraising Golf Day to Support 2026 National Games

    Harare, (New Ziana) -Special Olympics Zimbabwe (SOZ) plans to hold a Fundraising Golf...

    African Apostolic Church leader Mwazha Turns 107

    Harare, (New Ziana)- The African Apostolic Church leader, Apostle Paul Mwazha, turns 107 years...

    National Assembly invites Professor Mthuli Ncube over allegations of corruption by senior officials

    Harare, (New Ziana) -The National Assembly on Thursday resolved to invite Finance, Economic Development...

    Joshua Mqabuko Nkomo Airport set for major upgrade

    Harare, (New Ziana) — Joshua Mqabuko Nkomo International Airport in Bulawayo is undergoing sweeping...

    More like this

    Special Olympics Zimbabwe Fundraising Golf Day to Support 2026 National Games

    Harare, (New Ziana) -Special Olympics Zimbabwe (SOZ) plans to hold a Fundraising Golf...

    African Apostolic Church leader Mwazha Turns 107

    Harare, (New Ziana)- The African Apostolic Church leader, Apostle Paul Mwazha, turns 107 years...

    National Assembly invites Professor Mthuli Ncube over allegations of corruption by senior officials

    Harare, (New Ziana) -The National Assembly on Thursday resolved to invite Finance, Economic Development...
    error: Content is protected !!